485 Lacomb RdNorfolkNY13667
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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 Norfolk at 485 Lacomb Rd, Norfolk, NY, 13667 earns from $1,829/mo rent with a $1,554/mo payment. Total monthly income totals $1,829/mo. ROI tracks 16.59% on current figures, and rental yield reads 6.91% at a $317,500 purchase. Equity gained on principal adds $2,049/yr, and 5% annual appreciation supports $87,719 over five years. Five-year ROI reaches 85.68% and total cumulative return in cash sums $90,178. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,829/mo property income instead of your personal income.
Multi Family
Built in 2010
1.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13667, Norfolk, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,654 (100%) |
| Owner Occupied HU | 1,087 (65.7%) |
| Renter Occupied HU | 374 (22.6%) |
| Vacant Housing Units | 193 (11.7%) |
| Median Home Value | $150,242 |
| Average Home Value | $207,608 |
Housing Distribution
Address Breakdown
Residential
1,236
Single Family
1,182
Multi-Family
54
Businesses
52
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Listed by: Melissa Lint • Dufrane Real Estate, LLC
Mls Name: SLCMLS
Mls Provider:
Mls ID: #50395
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.