3499 W Lake RdWilsonNY14172
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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 Wilson at 3499 W Lake Rd, Wilson, NY, 14172 generates $4,040/mo in rent and, after a $1,906/mo payment, leaves $1,439/mo in cash flow. Total monthly income is $4,040/mo, and annual cash flow is $17,273/yr on $129,119 invested. Return on cash invested sits at 33.29% in year one, and rental yield is 12.45% on a $389,500 entry. Equity gained on principal adds $2,513/yr, while 5% annual appreciation builds toward $107,612 over five years. Five-year ROI reaches 175.23% and total cumulative return in cash sums $226,255. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,040/mo property income rather than buyer’s personal income.
Single Family
Built in 1975
0.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14172, Wilson, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,734 (100%) |
| Owner Occupied HU | 1,181 (68.1%) |
| Renter Occupied HU | 228 (13.1%) |
| Vacant Housing Units | 325 (18.7%) |
| Median Home Value | $251,844 |
| Average Home Value | $301,361 |
Housing Distribution
Address Breakdown
Residential
1,230
Single Family
1,180
Multi-Family
50
Businesses
102
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Listed by: Tanya Yorio • Great Lakes Real Estate Inc.
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #B1552090
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