5600 Shute RdLa fayetteNY13084
Nearby investment properties with comparable rents
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 La fayette at 5600 Shute Rd, La fayette, NY, 13084 earns $154/mo cash flow from $945/mo rent with a $580/mo payment. Total monthly income totals $945/mo, and annual cash flow totals $1,844/yr on $39,283 capital. ROI tracks 24.6% on current figures, and rental yield reads 9.57% at a $118,500 purchase. Equity gained on principal adds $765/yr, and 5% annual appreciation supports $32,739 over five years. Five-year ROI reaches 128.68% and total cumulative return in cash sums $50,548. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $945/mo property income instead of your personal income.
Manufactured
Built in 1991
6,011 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tara Emm • Coldwell Banker Prime Prop,Inc
Mls Name: NYSAMLSs
Mls ID: #S1636057