4258 W Lake RdMayvilleNY14757
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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 Mayville at 4258 W Lake Rd, Mayville, NY, 14757 priced at $137,900 converts $1,054/mo rent into $133/mo cash flow after a $675/mo obligation. Total monthly income equals $1,054/mo, and annual cash flow totals $1,597/yr on $45,714 invested. Return on cash invested prints 23.4% in year one, and rental yield reads 9.17% against a $137,900 entry. Equity gained on principal adds $890/yr, while 5% annual appreciation compiles into $38,099 by year five. Five-year ROI reaches 122.32% and total cumulative return in cash sums $55,919. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,054/mo property income covering a $675/mo payment, not borrower’s personal income.
Single Family
Built in 1893
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14757, Mayville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,207 (100%) |
| Owner Occupied HU | 962 (43.6%) |
| Renter Occupied HU | 318 (14.4%) |
| Vacant Housing Units | 927 (42.0%) |
| Median Home Value | $196,774 |
| Average Home Value | $239,641 |
Housing Distribution
Address Breakdown
Residential
1,643
Single Family
1,528
Multi-Family
115
Businesses
145
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