660 Leasure Hill RdNicholsNY13812
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Nichols at 660 Leasure Hill Rd, Nichols, NY, 13812 with 5% annual appreciation on a $189,000 basis while $2,336/mo rent supports operations. Total monthly income totals $2,336/mo and a $925/mo payment preserves $1,074/mo for cash returns. Annual cash flow comes to $12,887/yr on $62,654 deployed, and return on cash invested reaches 40.48% in year one. Equity gained on principal adds $1,220/yr, and five-year appreciation sums $52,217 alongside rental yield of 14.83%. Five-year ROI measures 213.78% and total cumulative return in cash totals $133,942.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,336/mo property income versus a $925/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1993
3.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13812, Nichols, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 998 (100%) |
| Owner Occupied HU | 676 (67.7%) |
| Renter Occupied HU | 206 (20.6%) |
| Vacant Housing Units | 116 (11.6%) |
| Median Home Value | $177,296 |
| Average Home Value | $187,570 |
Housing Distribution
Address Breakdown
Residential
901
Single Family
891
Multi-Family
10
Businesses
59
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Nearby investment properties with comparable prices
Listed by: Tiffany Glielmi • Coldwell Banker Preferred Properties - Sayre
Mls Name: Northern Mountains of Pennsylvania MLS
Mls Provider:
Mls ID: #31721750
Disclaimer: Copyright North Central Penn Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.