5936 Dover RdLake ViewNY14085
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 Lake View at 5936 Dover Rd, Lake View, NY, 14085 offers a 10.86% rental yield on a $198,900 purchase with $1,800/mo rent. Total monthly income registers $1,800/mo, and a $974/mo payment leaves $471/mo available for distribution. Annual cash flow reaches $5,656/yr on $65,935 to close, and return on cash invested stands at 28.49% in year one. Equity gained on principal adds $1,283/yr while 5% annual appreciation supports $54,952 over five years. Portfolio math shows five-year ROI at 149.54% and total cumulative return in cash at $98,603. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,800/mo property income against a $974/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
10,053 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices