845 Lucas Avenue ExtensionHurleyNY12443
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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 Hurley at 845 Lucas Avenue Extension, Hurley, NY, 12443 listed at $490,000 pairs $4,589/mo rent with a $2,398/mo payment to leave $1,317/mo cash flow. Total monthly income runs $4,589/mo, and annual cash flow reaches $15,806/yr on $162,435 cash to close. Return on cash invested measures 29.64% in year one, and rental yield registers 11.24% at a $490,000 basis. Equity gained on principal adds $3,162/yr, and annual property appreciation at 5% supports $135,378 by year five. Five-year ROI tracks 155.69% and total cumulative return in cash totals $252,888. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,589/mo property income relative to a $2,398/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1940
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12443, Hurley, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,714 (100%) |
| Owner Occupied HU | 1,321 (77.1%) |
| Renter Occupied HU | 200 (11.7%) |
| Vacant Housing Units | 193 (11.3%) |
| Median Home Value | $400,721 |
| Average Home Value | $491,041 |
Housing Distribution
Address Breakdown
Residential
1,495
Single Family
1,495
Multi-Family
0
Businesses
91
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