505 Vorea RdLaconaNY13083
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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 Lacona at 505 Vorea Rd, Lacona, NY, 13083 offers $0/mo rent that, after a $1,943/mo payment. Total monthly income is $0/mo. Return on cash invested measures -4.26% in year one, and rental yield stands at 0% at a $397,000 entry. Equity gained on principal adds $2,562/yr while 5% annual appreciation compounds into $109,684 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $1,943/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2015
51.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13083, Lacona, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 987 (100%) |
| Owner Occupied HU | 626 (63.4%) |
| Renter Occupied HU | 160 (16.2%) |
| Vacant Housing Units | 201 (20.4%) |
| Median Home Value | $174,185 |
| Average Home Value | $227,652 |
Housing Distribution
Address Breakdown
Residential
572
Single Family
572
Multi-Family
0
Businesses
25
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices