403 Morgan DrLewistonNY14092
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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 Lewiston at 403 Morgan Dr, Lewiston, NY, 14092 generates $3,088/mo in rent and, after a $1,957/mo payment, leaves $418/mo in cash flow. Total monthly income is $3,088/mo, and annual cash flow is $5,014/yr on $132,567 invested. Return on cash invested sits at 23.69% in year one, and rental yield is 9.27% on a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 123.77% and total cumulative return in cash sums $164,072. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,088/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14092, Lewiston, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,262 (100%) |
| Owner Occupied HU | 3,839 (73.0%) |
| Renter Occupied HU | 1,048 (19.9%) |
| Vacant Housing Units | 375 ( 7.1%) |
| Median Home Value | $315,213 |
| Average Home Value | $381,149 |
Housing Distribution
Address Breakdown
Residential
5,074
Single Family
4,473
Multi-Family
601
Businesses
370
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