831 Engle RdLindleyNY14858
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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
Rental property for sale in Lindley at 831 Engle Rd, Lindley, NY, 14858 priced at $250,000 converts $2,618/mo rent into $948/mo cash flow after a $1,224/mo obligation. Total monthly income equals $2,618/mo, and annual cash flow totals $11,378/yr on $82,875 invested. Return on cash invested prints 33.64% in year one, and rental yield reads 12.57% against a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation compiles into $69,070 by year five. Five-year ROI reaches 177.16% and total cumulative return in cash sums $146,818. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,618/mo property income covering a $1,224/mo payment, not borrower’s personal income.
Single Family
Built in N/A
5.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14858, Lindley, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 755 (100%) |
| Owner Occupied HU | 573 (75.9%) |
| Renter Occupied HU | 99 (13.1%) |
| Vacant Housing Units | 83 (11.0%) |
| Median Home Value | $168,513 |
| Average Home Value | $185,737 |
Housing Distribution
Address Breakdown
Residential
625
Single Family
625
Multi-Family
0
Businesses
13
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Listed by: Dianne B. Box • Howard Hanna Corning Denison
Mls Name: ECMLS
Mls Provider:
Mls ID: #274471
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