7980 Gleason RdLimaNY14485
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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 7980 Gleason Rd, Lima, NY, 14485 earns $76/mo cash flow from $2,746/mo rent with a $1,957/mo payment. Total monthly income totals $2,746/mo, and annual cash flow totals $910/yr on $132,567 capital. ROI tracks 20.6% on current figures, and rental yield reads 8.24% at a $399,900 purchase. Equity gained on principal adds $2,580/yr, and 5% annual appreciation supports $110,485 over five years. Five-year ROI reaches 107.16% and total cumulative return in cash sums $142,064. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,746/mo property income instead of your personal income.
Single Family
Built in 1872
11.10 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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