761 Pletcher RdLewistonNY14092
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 Lewiston at 761 Pletcher Rd, Lewiston, NY, 14092 priced at $431,700 converts $3,206/mo rent into $323/mo cash flow after a $2,113/mo obligation. Total monthly income equals $3,206/mo, and annual cash flow totals $3,878/yr on $143,109 invested. Return on cash invested prints 22.62% in year one, and rental yield reads 8.91% against a $431,700 entry. Equity gained on principal adds $2,786/yr, while 5% annual appreciation compiles into $119,271 by year five. Five-year ROI reaches 118.04% and total cumulative return in cash sums $168,920. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,206/mo property income covering a $2,113/mo payment, not borrower’s personal income.
Single Family
Built in 2001
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14092, Lewiston, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,262 (100%) |
| Owner Occupied HU | 3,839 (73.0%) |
| Renter Occupied HU | 1,048 (19.9%) |
| Vacant Housing Units | 375 ( 7.1%) |
| Median Home Value | $315,213 |
| Average Home Value | $381,149 |
Housing Distribution
Address Breakdown
Residential
5,074
Single Family
4,473
Multi-Family
601
Businesses
370
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices