5600-69 Shute RdLa FayetteNY13084
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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 La Fayette at 5600-69 Shute Rd, La Fayette, NY, 13084 generates $940/mo in rent and, after a $611/mo payment, leaves $106/mo in cash flow. Total monthly income is $940/mo, and annual cash flow is $1,275/yr on $41,404 invested. Return on cash invested sits at 22.99% in year one, and rental yield is 9.03% on a $124,900 entry. Equity gained on principal adds $806/yr, while 5% annual appreciation builds toward $34,508 over five years. Five-year ROI reaches 120.1% and total cumulative return in cash sums $49,726. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $940/mo property income rather than buyer’s personal income.
Manufactured
Built in 2021
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13084, La Fayette, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,016 (100%) |
| Owner Occupied HU | 1,560 (77.4%) |
| Renter Occupied HU | 320 (15.9%) |
| Vacant Housing Units | 136 ( 6.7%) |
| Median Home Value | $253,203 |
| Average Home Value | $271,378 |
Housing Distribution
Address Breakdown
Residential
1,825
Single Family
1,603
Multi-Family
222
Businesses
124
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Listed by: Michelle Gossner • Skinner & Assoc. Realty LLC
Mls Name: NYSAMLSs
Mls ID: #S1645911