395 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
Rental property for sale in Peru at 395 Lapham Mills Rd, Peru, NY, 12972 offers $2,656/mo rent that, after a $979/mo payment, leaves $1,320/mo cash flow. Total monthly income is $2,656/mo, and annual cash flow is $15,842/yr on $66,333 cash. Return on cash invested measures 43.79% in year one, and rental yield stands at 15.93% at a $200,100 entry. Equity gained on principal adds $1,291/yr while 5% annual appreciation compounds into $55,284 by year five. Five-year ROI records 231.62% and total cumulative return in cash reaches $153,639. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,656/mo property income versus a $979/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
1.50 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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