6176 Lake StCayugaNY13034
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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 Cayuga at 6176 Lake St, Cayuga, NY, 13034 offers a 0% rental yield on a $229,000 purchase with $0/mo rent. 27% in year one. Equity gained on principal adds $1,478/yr while 5% annual appreciation supports $63,268 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $1,121/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1860
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13034, Cayuga, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,038 (100%) |
| Owner Occupied HU | 633 (61.0%) |
| Renter Occupied HU | 141 (13.6%) |
| Vacant Housing Units | 264 (25.4%) |
| Median Home Value | $302,941 |
| Average Home Value | $365,573 |
Housing Distribution
Address Breakdown
Residential
707
Single Family
707
Multi-Family
0
Businesses
30
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