8052 Hayes RdLorraineNY13659
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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 Lorraine at 8052 Hayes Rd, Lorraine, NY, 13659 at $489,900 posts ROI 17.39% with from $2,931/mo rent. Total monthly income equals $2,931/mo. Return on cash invested measures 17.39% and rental yield reads 7.18% at the current $489,900. Equity gained on principal adds $3,161/yr, and 5% annual appreciation supports $135,350 by year five. Five-year ROI prints 90% and total cumulative return in cash totals $146,165. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,931/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1870
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13659, Lorraine, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 329 (100%) |
| Owner Occupied HU | 146 (44.4%) |
| Renter Occupied HU | 26 ( 7.9%) |
| Vacant Housing Units | 157 (47.7%) |
| Median Home Value | $191,667 |
| Average Home Value | $206,216 |
Housing Distribution
Address Breakdown
Residential
196
Single Family
196
Multi-Family
0
Businesses
6
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Listed by: Lori Gervera Team • Keller Williams Northern New York
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #S1586119
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