6138 HewsonLake ViewNY14085
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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 Lake View at 6138 Hewson, Lake View, NY, 14085 priced at $489,900 converts $3,588/mo rent into $316/mo cash flow after a $2,398/mo obligation. Total monthly income equals $3,588/mo, and annual cash flow totals $3,796/yr on $162,402 invested. Return on cash invested prints 22.25% in year one, and rental yield reads 8.79% against a $489,900 entry. Equity gained on principal adds $3,161/yr, while 5% annual appreciation compiles into $135,350 by year five. Five-year ROI reaches 116.03% and total cumulative return in cash sums $188,441. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,588/mo property income covering a $2,398/mo payment, not borrower’s personal income.
Single Family
Built in 2017
1 Acres 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
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