Madison II Plan, Essex RidgeLewistonNY14092
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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 Madison II Plan, Essex Ridge, Lewiston, NY, 14092 offers $4,025/mo rent that, after a $2,658/mo payment, leaves $274/mo cash flow. Total monthly income is $4,025/mo, and annual cash flow is $3,284/yr on $178,647 cash. Return on cash invested measures 21.9% in year one, and rental yield stands at 8.9% at a $543,000 entry. Equity gained on principal adds $3,504/yr while 5% annual appreciation compounds into $150,021 by year five. Five-year ROI records 114.44% and total cumulative return in cash reaches $204,440. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,025/mo property income versus a $2,658/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$125 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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