56 Hillman LnLewisNY12950
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Nearby investment properties with comparable prices
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 Lewis at 56 Hillman Ln, Lewis, NY, 12950 with 5% annual appreciation on a $279,900 basis while $1,874/mo rent supports operations. Total monthly income totals $1,874/mo and a $1,370/mo payment preserves $5/mo for cash returns. Annual cash flow comes to $58/yr on $92,787 deployed, and return on cash invested reaches 19.97% in year one. Equity gained on principal adds $1,806/yr, and five-year appreciation sums $77,331 alongside rental yield of 8.03%. Five-year ROI measures 103.81% and total cumulative return in cash totals $96,325.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,874/mo property income versus a $1,370/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1949
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12950, Lewis, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 375 (100%) |
| Owner Occupied HU | 241 (64.3%) |
| Renter Occupied HU | 49 (13.1%) |
| Vacant Housing Units | 85 (22.7%) |
| Median Home Value | $213,393 |
| Average Home Value | $275,913 |
Housing Distribution
Address Breakdown
Residential
207
Single Family
207
Multi-Family
0
Businesses
25
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