367 Lapham Mills RdPeruNY12972
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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
Investment property for sale in Peru at 367 Lapham Mills Rd, Peru, NY, 12972 offers a 9.35% rental yield on a $165,000 purchase with $1,286/mo rent. Total monthly income registers $1,286/mo, and a $808/mo payment leaves $184/mo available for distribution. Annual cash flow reaches $2,205/yr on $54,698 to close, and return on cash invested stands at 23.94% in year one. Equity gained on principal adds $1,065/yr while 5% annual appreciation supports $45,586 over five years. Portfolio math shows five-year ROI at 125.14% and total cumulative return in cash at $68,447. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,286/mo property income against a $808/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1894
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12972, Peru, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,623 (100%) |
| Owner Occupied HU | 1,861 (70.9%) |
| Renter Occupied HU | 504 (19.2%) |
| Vacant Housing Units | 258 ( 9.8%) |
| Median Home Value | $266,947 |
| Average Home Value | $315,027 |
Housing Distribution
Address Breakdown
Residential
2,368
Single Family
2,338
Multi-Family
30
Businesses
103
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