41 School StLancasterNY14086
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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 Lancaster at 41 School St, Lancaster, NY, 14086 uses $101,108 cash to close to unlock $8,413/yr annual cash flow and $701/mo monthly cash flow. Total monthly income runs $2,738/mo, and a $1,493/mo payment keeps the spread at $701/mo. Purchase price stands at $305,000, and rental yield measures 10.77% with $2,738/mo rent. Return on cash invested shows 28.23% in year one, and 5% annual appreciation builds toward $84,266 over five years. Five-year ROI reaches 148.15% and total cumulative return in cash records $149,794. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,738/mo property income covering a $1,493/mo payment rather than investor’s personal income.
Single Family
Built in 1900
4,909 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14086, Lancaster, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,787 (100%) |
| Owner Occupied HU | 11,167 (75.5%) |
| Renter Occupied HU | 3,003 (20.3%) |
| Vacant Housing Units | 617 ( 4.2%) |
| Median Home Value | $322,753 |
| Average Home Value | $368,268 |
Housing Distribution
Address Breakdown
Residential
14,368
Single Family
13,335
Multi-Family
1,033
Businesses
655
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