Alexander Plan, Legacy at Lewiston Patio HomesLewistonNY14092
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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 Lewiston at Alexander Plan, Legacy at Lewiston Patio Homes, Lewiston, NY, 14092 offers $3,206/mo rent that, after a $2,785/mo payment. Total monthly income is $3,206/mo. Return on cash invested measures 15.2% in year one, and rental yield stands at 6.76% at a $569,000 entry. Equity gained on principal adds $3,672/yr while 5% annual appreciation compounds into $157,204 by year five. Five-year ROI records 78.58% and total cumulative return in cash reaches $147,107. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,206/mo property income versus a $2,785/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2026
N/A lot
$N/A/sqft
$165 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14092, Lewiston, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,262 (100%) |
| Owner Occupied HU | 3,839 (73.0%) |
| Renter Occupied HU | 1,048 (19.9%) |
| Vacant Housing Units | 375 ( 7.1%) |
| Median Home Value | $315,213 |
| Average Home Value | $381,149 |
Housing Distribution
Address Breakdown
Residential
5,074
Single Family
4,473
Multi-Family
601
Businesses
370
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