46 Spencer StLyonsNY14489
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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 Lyons at 46 Spencer St, Lyons, NY, 14489 with 5% annual appreciation on a $199,000 basis while $1,674/mo rent supports operations. Total monthly income totals $1,674/mo and a $974/mo payment preserves $345/mo for cash returns. Annual cash flow comes to $4,141/yr on $65,969 deployed, and return on cash invested reaches 26.19% in year one. Equity gained on principal adds $1,284/yr, and five-year appreciation sums $54,980 alongside rental yield of 10.09%. Five-year ROI measures 137.22% and total cumulative return in cash totals $90,522.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,674/mo property income versus a $974/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1870
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14489, Lyons, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,351 (100%) |
| Owner Occupied HU | 2,043 (61.0%) |
| Renter Occupied HU | 888 (26.5%) |
| Vacant Housing Units | 420 (12.5%) |
| Median Home Value | $158,056 |
| Average Home Value | $214,900 |
Housing Distribution
Address Breakdown
Residential
2,900
Single Family
2,661
Multi-Family
239
Businesses
212
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