33 Simcoe Hill RdLockwoodNY14859
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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 Lockwood at 33 Simcoe Hill Rd, Lockwood, NY, 14859 priced at $349,900 pairs $2,414/mo rent with $77/mo cash flow after a $1,713/mo payment. Total monthly income equals $2,414/mo, and annual cash flow comes to $924/yr on $115,992 invested. Return on cash invested is 20.71% in year one, and rental yield stands at 8.28% on a $349,900 basis. Equity gained on principal adds $2,258/yr, and 5% annual appreciation accumulates to $96,671 by year five. Five-year ROI measures 107.79% and total cumulative return in cash reaches $125,022. For financing, Ziffy Mortgage’s DSCR program evaluates $2,414/mo property income against a $1,713/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2016
32.60 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Lorianne M. Marshall • Cornerstone Properties of LI
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #836115
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