1 Terrace Dr SBristolNY14424
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
Investment Highlights
Rental property for sale in Bristol at 1 Terrace Dr S, Bristol, NY, 14424 priced at $725,000 pairs $1,757/mo rent with after a $3,549/mo payment. Total monthly income equals $1,757/mo. Return on cash invested is 4.54% in year one, and rental yield stands at 2.91% on a $725,000 basis. Equity gained on principal adds $4,678/yr, and 5% annual appreciation accumulates to $200,304 by year five. Five-year ROI measures 21.05% and total cumulative return in cash reaches $50,213. For financing, Ziffy Mortgage’s DSCR program evaluates $1,757/mo property income against a $3,549/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2020
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14424, Canandaigua, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,084 (100%) |
| Owner Occupied HU | 8,272 (54.8%) |
| Renter Occupied HU | 4,612 (30.6%) |
| Vacant Housing Units | 2,200 (14.6%) |
| Median Home Value | $322,166 |
| Average Home Value | $405,626 |
Housing Distribution
Address Breakdown
Residential
13,646
Single Family
11,910
Multi-Family
1,736
Businesses
1,045
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices