8050 Lucas Dr #BClayNY13041
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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 Clay at 8050 Lucas Dr #B, Clay, NY, 13041 uses $75,914 cash to close to unlock $559/yr annual cash flow and $47/mo monthly cash flow. Total monthly income runs $1,576/mo, and a $1,121/mo payment keeps the spread at $47/mo. Purchase price stands at $229,000, and rental yield measures 8.26% with $1,576/mo rent. Return on cash invested shows 20.65% in year one, and 5% annual appreciation builds toward $63,268 over five years. Five-year ROI reaches 107.43% and total cumulative return in cash records $81,557. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,576/mo property income covering a $1,121/mo payment rather than investor’s personal income.
Townhouse
Built in 1975
3,946 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13041, Clay, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,652 (100%) |
| Owner Occupied HU | 3,941 (84.7%) |
| Renter Occupied HU | 546 (11.7%) |
| Vacant Housing Units | 165 ( 3.5%) |
| Median Home Value | $230,560 |
| Average Home Value | $293,719 |
Housing Distribution
Address Breakdown
Residential
4,526
Single Family
4,526
Multi-Family
0
Businesses
118
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