7033 Lakeport RdChittenangoNY13037
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 Chittenango at 7033 Lakeport Rd, Chittenango, NY, 13037 earns $722/mo cash flow from $2,318/mo rent with a $1,170/mo payment. Total monthly income totals $2,318/mo, and annual cash flow totals $8,661/yr on $79,229 capital. ROI tracks 30.84% on current figures, and rental yield reads 11.64% at a $239,000 purchase. Equity gained on principal adds $1,542/yr, and 5% annual appreciation supports $66,031 over five years. Five-year ROI reaches 162.11% and total cumulative return in cash sums $128,436. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,318/mo property income instead of your personal income.
Single Family
Built in 1968
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13037, Chittenango, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,875 (100%) |
| Owner Occupied HU | 2,832 (73.1%) |
| Renter Occupied HU | 824 (21.3%) |
| Vacant Housing Units | 219 ( 5.7%) |
| Median Home Value | $246,088 |
| Average Home Value | $264,097 |
Housing Distribution
Address Breakdown
Residential
3,813
Single Family
3,430
Multi-Family
383
Businesses
214
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Listed by: Amanda Wiedenbeck • Integrated Real Estate Ser LLC
Mls Name: NYSAMLSs
Mls ID: #S1637930