40 Spencer StLyonsNY14489
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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 Lyons at 40 Spencer St, Lyons, NY, 14489 uses $49,692 cash to close to unlock $7,748/yr annual cash flow and $646/mo monthly cash flow. Total monthly income runs $1,647/mo, and a $734/mo payment keeps the spread at $646/mo. Purchase price stands at $149,900, and rental yield measures 13.18% with $1,647/mo rent. Return on cash invested shows 35.5% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 187.13% and total cumulative return in cash records $92,987. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,647/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1876
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14489, Lyons, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,351 (100%) |
| Owner Occupied HU | 2,043 (61.0%) |
| Renter Occupied HU | 888 (26.5%) |
| Vacant Housing Units | 420 (12.5%) |
| Median Home Value | $158,056 |
| Average Home Value | $214,900 |
Housing Distribution
Address Breakdown
Residential
2,900
Single Family
2,661
Multi-Family
239
Businesses
212
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