7377 Seneca AveLimaNY14485
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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
Investment property for sale in Lima at 7377 Seneca Ave, Lima, NY, 14485 uses $109,362 cash to close to unlock $3,860/yr annual cash flow and $322/mo monthly cash flow. Total monthly income runs $2,525/mo, and a $1,615/mo payment keeps the spread at $322/mo. Purchase price stands at $329,900, and rental yield measures 9.18% with $2,525/mo rent. Return on cash invested shows 23.44% in year one, and 5% annual appreciation builds toward $91,145 over five years. Five-year ROI reaches 122.41% and total cumulative return in cash records $133,875. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,525/mo property income covering a $1,615/mo payment rather than investor’s personal income.
Single Family
Built in 1900
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14485, Lima, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,796 (100%) |
| Owner Occupied HU | 1,252 (69.7%) |
| Renter Occupied HU | 411 (22.9%) |
| Vacant Housing Units | 133 ( 7.4%) |
| Median Home Value | $207,059 |
| Average Home Value | $238,822 |
Housing Distribution
Address Breakdown
Residential
1,502
Single Family
1,454
Multi-Family
48
Businesses
115
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