7 Fairway LaneRexfordNY12148
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 Rexford at 7 Fairway Lane, Rexford, NY, 12148 with 5% annual appreciation on a $449,900 basis while $3,283/mo rent supports operations. Total monthly income totals $3,283/mo and a $2,202/mo payment preserves $279/mo for cash returns. Annual cash flow comes to $3,344/yr on $149,142 deployed, and return on cash invested reaches 22.15% in year one. Equity gained on principal adds $2,903/yr, and five-year appreciation sums $124,299 alongside rental yield of 8.76%. Five-year ROI measures 115.51% and total cumulative return in cash totals $172,270.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,283/mo property income versus a $2,202/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1959
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12148, Rexford, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,989 (100%) |
| Owner Occupied HU | 1,501 (75.5%) |
| Renter Occupied HU | 392 (19.7%) |
| Vacant Housing Units | 96 ( 4.8%) |
| Median Home Value | $464,227 |
| Average Home Value | $507,816 |
Housing Distribution
Address Breakdown
Residential
2,043
Single Family
1,710
Multi-Family
333
Businesses
81
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices