46 Cone PlaceLeedsNY12451
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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 Leeds at 46 Cone Place, Leeds, NY, 12451 generates $2,192/mo in rent and, after a $1,566/mo payment, leaves $55/mo in cash flow. Total monthly income is $2,192/mo, and annual cash flow is $664/yr on $106,080 invested. Return on cash invested sits at 20.53% in year one, and rental yield is 8.22% on a $320,000 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 106.86% and total cumulative return in cash sums $113,355. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,192/mo property income rather than buyer’s personal income.
Single Family
Built in 1972
1.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12451, Leeds, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 888 (100%) |
| Owner Occupied HU | 577 (65.0%) |
| Renter Occupied HU | 172 (19.4%) |
| Vacant Housing Units | 139 (15.7%) |
| Median Home Value | $294,469 |
| Average Home Value | $364,970 |
Housing Distribution
Address Breakdown
Residential
550
Single Family
550
Multi-Family
0
Businesses
78
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