5857 E Lake RdCazenoviaNY13035
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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 $1,596/mo, and a $5,262/mo payment. Purchase price stands at $1,075,000, and rental yield measures 1.78% with $1,596/mo rent. Return on cash invested shows 1.13% in year one, and 5% annual appreciation builds toward $297,003 over five years. Five-year ROI reaches 2.72% and total cumulative return in cash records $9,474. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,596/mo property income covering a $5,262/mo payment rather than investor’s personal income.
Single Family
Built in 2001
11.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13035, Cazenovia, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,501 (100%) |
| Owner Occupied HU | 2,422 (69.2%) |
| Renter Occupied HU | 700 (20.0%) |
| Vacant Housing Units | 379 (10.8%) |
| Median Home Value | $340,599 |
| Average Home Value | $432,511 |
Housing Distribution
Address Breakdown
Residential
3,352
Single Family
3,151
Multi-Family
201
Businesses
302
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