6937 Lawyer RdNaplesNY14512
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
Rental property for sale in Naples at 6937 Lawyer Rd, Naples, NY, 14512 priced at $400,000 converts $2,617/mo rent into after a $1,958/mo obligation. Total monthly income equals $2,617/mo. Return on cash invested prints 19.42% in year one, and rental yield reads 7.85% against a $400,000 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation compiles into $110,513 by year five. Five-year ROI reaches 100.85% and total cumulative return in cash sums $133,732. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,617/mo property income covering a $1,958/mo payment, not borrower’s personal income.
Single Family
Built in 2004
24.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14512, Naples, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,607 (100%) |
| Owner Occupied HU | 1,612 (61.8%) |
| Renter Occupied HU | 324 (12.4%) |
| Vacant Housing Units | 671 (25.7%) |
| Median Home Value | $240,826 |
| Average Home Value | $339,470 |
Housing Distribution
Address Breakdown
Residential
1,993
Single Family
1,993
Multi-Family
0
Businesses
135
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices