3865 Locust LnPerryNY14530
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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 Perry at 3865 Locust Ln, Perry, NY, 14530 with 5% annual appreciation on a $234,900 basis while $2,246/mo rent supports operations. Total monthly income totals $2,246/mo and a $1,150/mo payment preserves $677/mo for cash returns. Annual cash flow comes to $8,125/yr on $77,869 deployed, and return on cash invested reaches 30.34% in year one. Equity gained on principal adds $1,516/yr, and five-year appreciation sums $64,899 alongside rental yield of 11.47%. Five-year ROI measures 159.49% and total cumulative return in cash totals $124,197.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,246/mo property income versus a $1,150/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1993
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14530, Perry, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,650 (100%) |
| Owner Occupied HU | 1,466 (55.3%) |
| Renter Occupied HU | 800 (30.2%) |
| Vacant Housing Units | 384 (14.5%) |
| Median Home Value | $153,734 |
| Average Home Value | $175,113 |
Housing Distribution
Address Breakdown
Residential
2,279
Single Family
2,118
Multi-Family
161
Businesses
191
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Listed by: Rodney Heale • NextHome Brixwood
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #B1605080
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