6260 Eckhardt Rd UNIT 30Lake 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 6260 Eckhardt Rd UNIT 30, Lake View, NY, 14085 offers $5,230/mo rent that, after a $1,627/mo payment, leaves $2,820/mo cash flow. Total monthly income is $5,230/mo, and annual cash flow is $33,840/yr on $110,224 cash. Return on cash invested measures 50.61% in year one, and rental yield stands at 18.88% at a $332,500 entry. Equity gained on principal adds $2,146/yr while 5% annual appreciation compounds into $91,864 by year five. Five-year ROI records 268.92% and total cumulative return in cash reaches $296,416. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,230/mo property income versus a $1,627/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2011
5,227 sqft lot
$N/A/sqft
$190 monthly 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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Listed by: Denitza Deni Dennis • RE/MAX Plus
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #B1556386
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