6 Depew AveLyonsNY14489
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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
Rental property for sale in Lyons at 6 Depew Ave, Lyons, NY, 14489 offers $973/mo rent that, after a $597/mo payment, leaves $158/mo cash flow. Total monthly income is $973/mo, and annual cash flow is $1,901/yr on $40,443 cash. Return on cash invested measures 24.61% in year one, and rental yield stands at 9.57% at a $122,000 entry. Equity gained on principal adds $787/yr while 5% annual appreciation compounds into $33,706 by year five. Five-year ROI records 128.77% and total cumulative return in cash reaches $52,079. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $973/mo property income versus a $597/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1875
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14489, Lyons, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,351 (100%) |
| Owner Occupied HU | 2,043 (61.0%) |
| Renter Occupied HU | 888 (26.5%) |
| Vacant Housing Units | 420 (12.5%) |
| Median Home Value | $158,056 |
| Average Home Value | $214,900 |
Housing Distribution
Address Breakdown
Residential
2,900
Single Family
2,661
Multi-Family
239
Businesses
212
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