5797 Broadway St APT 2LancasterNY14086
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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 $1,541/mo, and a $978/mo payment. Purchase price stands at $199,900, and rental yield measures 9.25% with $1,541/mo rent. Return on cash invested shows 19.21% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 101.39% and total cumulative return in cash records $67,189. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,541/mo property income covering a $978/mo payment rather than investor’s personal income.
Condo
Built in 1990
3,510 sqft lot
$N/A/sqft
$245 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14086, Lancaster, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,787 (100%) |
| Owner Occupied HU | 11,167 (75.5%) |
| Renter Occupied HU | 3,003 (20.3%) |
| Vacant Housing Units | 617 ( 4.2%) |
| Median Home Value | $322,753 |
| Average Home Value | $368,268 |
Housing Distribution
Address Breakdown
Residential
14,368
Single Family
13,335
Multi-Family
1,033
Businesses
655
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Listed by: Steven Simme • Keller Williams Realty Lancaster
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #B1603178
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