315 Oak StLakewoodNY14750
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Lakewood at 315 Oak St, Lakewood, NY, 14750 with 5% annual appreciation on a $189,900 basis while $1,470/mo rent supports operations. Total monthly income totals $1,470/mo and a $929/mo payment preserves $202/mo for cash returns. Annual cash flow comes to $2,428/yr on $62,952 deployed, and return on cash invested reaches 23.77% in year one. Equity gained on principal adds $1,225/yr, and five-year appreciation sums $52,466 alongside rental yield of 9.29%. Five-year ROI measures 124.22% and total cumulative return in cash totals $78,197.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,470/mo property income versus a $929/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1970
0.26 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices