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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Get DSCR Mortgage Rate Quote
$1,500,000
11 bds6 ba3800sqft
4438 W Lake Rd LOT 1MayvilleNY14757
1.15%
Gross Yield
-0.81%
ROI
$1,440/m
Est. Rent
$0
Total Investment
$0
Down Payment
$0
Closing Costs
For Sale
Rental Income
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NMLS #2625701
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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
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Investment Highlights
Total monthly income runs $1,440/mo, and a $7,342/mo payment. Purchase price stands at $1,500,000, and rental yield measures 1.15% with $1,440/mo rent. Return on cash invested shows -0.81% in year one, and 5% annual appreciation builds toward $414,422 over five years. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,440/mo property income covering a $7,342/mo payment rather than investor’s personal income.
Condo
Built in 1998
1.53 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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Powered by
Ziffy Mortgage
NMLS #2625701
Get Pre-Approved