1005 Banjo RunVictorNY14564
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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 Victor at 1005 Banjo Run, Victor, NY, 14564 uses $101,436 cash to close to unlock $7,972/yr annual cash flow and $664/mo monthly cash flow. Total monthly income runs $2,838/mo, and a $1,498/mo payment keeps the spread at $664/mo. Purchase price stands at $305,990, and rental yield measures 11.13% with $2,838/mo rent. Return on cash invested shows 27.77% in year one, and 5% annual appreciation builds toward $84,539 over five years. Five-year ROI reaches 146.22% and total cumulative return in cash records $148,316. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,838/mo property income covering a $1,498/mo payment rather than investor’s personal income.
Condo
Built in 2024
1,524 sqft lot
$N/A/sqft
$130 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14564, Victor, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,253 (100%) |
| Owner Occupied HU | 5,405 (74.5%) |
| Renter Occupied HU | 1,368 (18.9%) |
| Vacant Housing Units | 480 ( 6.6%) |
| Median Home Value | $398,089 |
| Average Home Value | $417,284 |
Housing Distribution
Address Breakdown
Residential
6,921
Single Family
6,014
Multi-Family
907
Businesses
928
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Listed by: Sarah J. Contrino • Rich Realty
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #R1567920
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