13880 State Route 90LockeNY13092
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Locke rental at 13880 State Route 90, Locke, NY, 13092 sits in the solid-income band: 9.6% gross yield, $1,592/mo rent, $263/mo net after the $895/mo debt service, DSCR 1.78. Entry price of $199,000 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $54,980 and $1,833/yr in principal reduction bring total cumulative return to $92,850.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 6.2% |
| Monthly Cash Flow | $263 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,592 |
| Total Monthly Debt Service | $1,250 |
| DSCR Ratio | 1.27x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1890
1.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13092, Locke, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,208 (100%) |
| Owner Occupied HU | 878 (72.7%) |
| Renter Occupied HU | 197 (16.3%) |
| Vacant Housing Units | 133 (11.0%) |
| Median Home Value | $266,522 |
| Average Home Value | $345,159 |
Housing Distribution
Address Breakdown
Residential
966
Single Family
966
Multi-Family
0
Businesses
39
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1890
1.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13092, Locke, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,208 (100%) |
| Owner Occupied HU | 878 (72.7%) |
| Renter Occupied HU | 197 (16.3%) |
| Vacant Housing Units | 133 (11.0%) |
| Median Home Value | $266,522 |
| Average Home Value | $345,159 |
Housing Distribution
Address Breakdown
Residential
966
Single Family
966
Multi-Family
0
Businesses
39
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices