5669 E LnLake ViewNY14085
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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
Investment property for sale in Lake View at 5669 E Ln, Lake View, NY, 14085 offers a 8.9% rental yield on a $329,900 purchase with $2,447/mo rent. Total monthly income registers $2,447/mo, and a $1,615/mo payment leaves $244/mo available for distribution. Annual cash flow reaches $2,924/yr on $109,362 to close, and return on cash invested stands at 22.58% in year one. Equity gained on principal adds $2,129/yr while 5% annual appreciation supports $91,145 over five years. Portfolio math shows five-year ROI at 117.83% and total cumulative return in cash at $128,859. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,447/mo property income against a $1,615/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1934
6,320 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14085, Lake View, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,017 (100%) |
| Owner Occupied HU | 2,754 (91.3%) |
| Renter Occupied HU | 138 ( 4.6%) |
| Vacant Housing Units | 125 ( 4.1%) |
| Median Home Value | $318,886 |
| Average Home Value | $350,070 |
Housing Distribution
Address Breakdown
Residential
2,969
Single Family
2,969
Multi-Family
0
Businesses
79
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