32 Merkley Rd #1LisbonNY13658
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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 Lisbon at 32 Merkley Rd #1, Lisbon, NY, 13658 priced at $199,901 converts $1,513/mo rent into $179/mo cash flow after a $978/mo obligation. Total monthly income equals $1,513/mo, and annual cash flow totals $2,142/yr on $66,267 invested. Return on cash invested prints 23.14% in year one, and rental yield reads 9.08% against a $199,901 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation compiles into $55,229 by year five. Five-year ROI reaches 120.84% and total cumulative return in cash sums $80,077. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,513/mo property income covering a $978/mo payment, not borrower’s personal income.
Single Family
Built in 1849
2.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13658, Lisbon, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,071 (100%) |
| Owner Occupied HU | 784 (73.2%) |
| Renter Occupied HU | 152 (14.2%) |
| Vacant Housing Units | 135 (12.6%) |
| Median Home Value | $167,325 |
| Average Home Value | $220,765 |
Housing Distribution
Address Breakdown
Residential
945
Single Family
933
Multi-Family
12
Businesses
37
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Listed by: Diana C Dufresne • Yelle Realty, LLC
Mls Name: SLCMLS
Mls Provider:
Mls ID: #48669
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.