98 6th AveLancasterNY14086
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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 Lancaster at 98 6th Ave, Lancaster, NY, 14086 earns $272/mo cash flow from $1,608/mo rent with a $979/mo payment. Total monthly income totals $1,608/mo, and annual cash flow totals $3,268/yr on $66,300 capital. ROI tracks 24.84% on current figures, and rental yield reads 9.65% at a $199,999 purchase. Equity gained on principal adds $1,291/yr, and 5% annual appreciation supports $55,256 over five years. Five-year ROI reaches 129.97% and total cumulative return in cash sums $86,168. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,608/mo property income instead of your personal income.
Single Family
Built in 1959
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14086, Lancaster, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,787 (100%) |
| Owner Occupied HU | 11,167 (75.5%) |
| Renter Occupied HU | 3,003 (20.3%) |
| Vacant Housing Units | 617 ( 4.2%) |
| Median Home Value | $322,753 |
| Average Home Value | $368,268 |
Housing Distribution
Address Breakdown
Residential
14,368
Single Family
13,335
Multi-Family
1,033
Businesses
655
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