5 Northfield Ln #LRBXOKLancasterNY14086
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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 Lancaster at 5 Northfield Ln #LRBXOK, Lancaster, NY, 14086 with 5% annual appreciation on a $607,000 basis while $5,123/mo rent supports operations. Total monthly income totals $5,123/mo and a $2,971/mo payment preserves $1,070/mo for cash returns. Annual cash flow comes to $12,834/yr on $199,703 deployed, and return on cash invested reaches 26.49% in year one. Equity gained on principal adds $3,917/yr, and five-year appreciation sums $167,703 alongside rental yield of 10.13%. Five-year ROI measures 138.73% and total cumulative return in cash totals $277,057.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,123/mo property income versus a $2,971/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14086, Lancaster, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,787 (100%) |
| Owner Occupied HU | 11,167 (75.5%) |
| Renter Occupied HU | 3,003 (20.3%) |
| Vacant Housing Units | 617 ( 4.2%) |
| Median Home Value | $322,753 |
| Average Home Value | $368,268 |
Housing Distribution
Address Breakdown
Residential
14,368
Single Family
13,335
Multi-Family
1,033
Businesses
655
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