5301 E Lake Rd APT 8DewittvilleNY14728
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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 $1,781/mo, and a $1,395/mo payment. Purchase price stands at $285,000, and rental yield measures 7.5% with $1,781/mo rent. Return on cash invested shows 11.37% in year one, and 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 60.24% and total cumulative return in cash records $56,910. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,781/mo property income covering a $1,395/mo payment rather than investor’s personal income.
Condo
Built in 1977
N/A lot
$N/A/sqft
$550 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14728, Dewittville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,066 (100%) |
| Owner Occupied HU | 405 (38.0%) |
| Renter Occupied HU | 73 ( 6.8%) |
| Vacant Housing Units | 588 (55.2%) |
| Median Home Value | $180,729 |
| Average Home Value | $247,889 |
Housing Distribution
Address Breakdown
Residential
363
Single Family
363
Multi-Family
0
Businesses
18
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Listed by: N/A • N/A
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