802 Ira Vail RoadLeedsNY12451
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 Leeds at 802 Ira Vail Road, Leeds, NY, 12451 priced at $196,400 pairs $1,783/mo rent with $472/mo cash flow after a $961/mo payment. Total monthly income equals $1,783/mo, and annual cash flow comes to $5,661/yr on $65,107 invested. Return on cash invested is 28.6% in year one, and rental yield stands at 10.89% on a $196,400 basis. Equity gained on principal adds $1,267/yr, and 5% annual appreciation accumulates to $54,262 by year five. Five-year ROI measures 150.11% and total cumulative return in cash reaches $97,734. For financing, Ziffy Mortgage’s DSCR program evaluates $1,783/mo property income against a $961/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1949
2.87 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12451, Leeds, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 888 (100%) |
| Owner Occupied HU | 577 (65.0%) |
| Renter Occupied HU | 172 (19.4%) |
| Vacant Housing Units | 139 (15.7%) |
| Median Home Value | $294,469 |
| Average Home Value | $364,970 |
Housing Distribution
Address Breakdown
Residential
550
Single Family
550
Multi-Family
0
Businesses
78
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Listed by: Dennis Wheeler • Berkshire Hathaway HomeServices Blake, REALTORS
Mls Name: Global MLS
Mls Provider:
Mls ID: #202514808
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Judy Moriarty, Zillow, Inc., Corp. Broker