1068 Meiser RdCorfuNY14036
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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 Corfu at 1068 Meiser Rd, Corfu, NY, 14036 offers $1,763/mo rent that, after a $1,242/mo payment, leaves $69/mo cash flow. Total monthly income is $1,763/mo, and annual cash flow is $823/yr on $84,102 cash. Return on cash invested measures 20.89% in year one, and rental yield stands at 8.34% at a $253,700 entry. Equity gained on principal adds $1,637/yr while 5% annual appreciation compounds into $70,093 by year five. Five-year ROI records 108.76% and total cumulative return in cash reaches $91,472. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,763/mo property income versus a $1,242/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in N/A
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14036, Corfu, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,218 (100%) |
| Owner Occupied HU | 1,710 (77.1%) |
| Renter Occupied HU | 391 (17.6%) |
| Vacant Housing Units | 117 ( 5.3%) |
| Median Home Value | $218,065 |
| Average Home Value | $244,104 |
Housing Distribution
Address Breakdown
Residential
1,857
Single Family
1,835
Multi-Family
22
Businesses
97
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