7774 Stony Lake RdGlenfieldNY13343
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 Glenfield at 7774 Stony Lake Rd, Glenfield, NY, 13343 generates $2,264/mo in rent, after a $1,757/mo payment. Total monthly income is $2,264/mo. Return on cash invested sits at 18.57% in year one, and rental yield is 7.57% on a $359,000 entry. Equity gained on principal adds $2,317/yr, while 5% annual appreciation builds toward $99,185 over five years. Five-year ROI reaches 96.27% and total cumulative return in cash sums $114,571. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,264/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
3.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13343, Glenfield, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,264 (100%) |
| Owner Occupied HU | 610 (48.3%) |
| Renter Occupied HU | 144 (11.4%) |
| Vacant Housing Units | 510 (40.3%) |
| Median Home Value | $198,936 |
| Average Home Value | $240,947 |
Housing Distribution
Address Breakdown
Residential
688
Single Family
688
Multi-Family
0
Businesses
27
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices