719 Cruthers RdLockeNY13092
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 Locke at 719 Cruthers Rd, Locke, NY, 13092 priced at $150,000 pairs $1,169/mo rent with $168/mo cash flow after a $734/mo payment. Total monthly income equals $1,169/mo, and annual cash flow comes to $2,010/yr on $49,725 invested. Return on cash invested is 23.95% in year one, and rental yield stands at 9.35% on a $150,000 basis. Equity gained on principal adds $968/yr, and 5% annual appreciation accumulates to $41,442 by year five. Five-year ROI measures 125.19% and total cumulative return in cash reaches $62,250. For financing, Ziffy Mortgage’s DSCR program evaluates $1,169/mo property income against a $734/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2000
6.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13092, Locke, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,208 (100%) |
| Owner Occupied HU | 878 (72.7%) |
| Renter Occupied HU | 197 (16.3%) |
| Vacant Housing Units | 133 (11.0%) |
| Median Home Value | $266,522 |
| Average Home Value | $345,159 |
Housing Distribution
Address Breakdown
Residential
966
Single Family
966
Multi-Family
0
Businesses
39
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