7137 E Lake RdAppletonNY14008
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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 Appleton at 7137 E Lake Rd, Appleton, NY, 14008 generates $1,980/mo in rent and, after a $1,321/mo payment, leaves $178/mo in cash flow. Total monthly income is $1,980/mo, and annual cash flow is $2,132/yr on $89,472 invested. Return on cash invested sits at 22.29% in year one, and rental yield is 8.8% on a $269,900 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation builds toward $74,568 over five years. Five-year ROI reaches 116.26% and total cumulative return in cash sums $104,022. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,980/mo property income rather than buyer’s personal income.
Single Family
Built in 1988
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14008, Appleton, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 635 (100%) |
| Owner Occupied HU | 481 (75.7%) |
| Renter Occupied HU | 108 (17.0%) |
| Vacant Housing Units | 46 ( 7.2%) |
| Median Home Value | $276,538 |
| Average Home Value | $338,862 |
Housing Distribution
Address Breakdown
Residential
562
Single Family
562
Multi-Family
0
Businesses
13
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