63 Saint John StLancasterNY14086
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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 Lancaster at 63 Saint John St, Lancaster, NY, 14086 priced at $249,900 converts $2,087/mo rent into $418/mo cash flow after a $1,223/mo obligation. Total monthly income equals $2,087/mo, and annual cash flow totals $5,020/yr on $82,842 invested. Return on cash invested prints 25.97% in year one, and rental yield reads 10.02% against a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation compiles into $69,043 by year five. Five-year ROI reaches 136.02% and total cumulative return in cash sums $112,682. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,087/mo property income covering a $1,223/mo payment, not borrower’s personal income.
Multi Family
Built in 1928
8,598 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14086, Lancaster, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,787 (100%) |
| Owner Occupied HU | 11,167 (75.5%) |
| Renter Occupied HU | 3,003 (20.3%) |
| Vacant Housing Units | 617 ( 4.2%) |
| Median Home Value | $322,753 |
| Average Home Value | $368,268 |
Housing Distribution
Address Breakdown
Residential
14,368
Single Family
13,335
Multi-Family
1,033
Businesses
655
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