4988 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
Total monthly income runs $2,807/mo, and a $2,325/mo payment. Purchase price stands at $475,000, and rental yield measures 7.09% with $2,807/mo rent. Return on cash invested shows 17.13% in year one, and 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 88.55% and total cumulative return in cash records $139,435. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,807/mo property income covering a $2,325/mo payment rather than investor’s personal income.
Single Family
Built in 1930
1.80 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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