303 Shadyside AveLakewoodNY14750
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Lakewood at 303 Shadyside Ave, Lakewood, NY, 14750 generates $3,044/mo in rent and, after a $1,566/mo payment, leaves $908/mo in cash flow. Total monthly income is $3,044/mo, and annual cash flow is $10,890/yr on $106,047 invested. Return on cash invested sits at 30.18% in year one, and rental yield is 11.42% on a $319,900 entry. Equity gained on principal adds $2,064/yr, while 5% annual appreciation builds toward $88,382 over five years. Five-year ROI reaches 158.57% and total cumulative return in cash sums $168,164. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,044/mo property income rather than buyer’s personal income.
Single Family
Built in 1935
0.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14750, Lakewood, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,520 (100%) |
| Owner Occupied HU | 1,422 (56.4%) |
| Renter Occupied HU | 639 (25.4%) |
| Vacant Housing Units | 459 (18.2%) |
| Median Home Value | $191,549 |
| Average Home Value | $267,825 |
Housing Distribution
Address Breakdown
Residential
2,398
Single Family
2,112
Multi-Family
286
Businesses
296
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Listed by: Taylor Bennett • Keller Williams Realty
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #R1587047
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