6 Queen StLyonsNY14489
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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 Lyons at 6 Queen St, Lyons, NY, 14489 uses $38,951 cash to close to unlock $4,842/yr annual cash flow and $403/mo monthly cash flow. Total monthly income runs $1,188/mo, and a $575/mo payment keeps the spread at $403/mo. Purchase price stands at $117,500, and rental yield measures 12.13% with $1,188/mo rent. Return on cash invested shows 32.34% in year one, and 5% annual appreciation builds toward $32,463 over five years. Five-year ROI reaches 170.22% and total cumulative return in cash records $66,302. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,188/mo property income covering a $575/mo payment rather than investor’s personal income.
Multi Family
Built in 1860
3,049 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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