10855 Griswold RdDarien CenterNY14040
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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 Darien Center at 10855 Griswold Rd, Darien Center, NY, 14040 offers a 10.56% rental yield on a $239,900 purchase with $2,112/mo rent. Total monthly income registers $2,112/mo, and a $1,174/mo payment leaves $510/mo available for distribution. Annual cash flow reaches $6,122/yr on $79,527 to close, and return on cash invested stands at 27.61% in year one. Equity gained on principal adds $1,548/yr while 5% annual appreciation supports $66,280 over five years. Portfolio math shows five-year ROI at 144.82% and total cumulative return in cash at $115,171. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,112/mo property income against a $1,174/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14040, Darien Center, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 971 (100%) |
| Owner Occupied HU | 779 (80.2%) |
| Renter Occupied HU | 122 (12.6%) |
| Vacant Housing Units | 70 ( 7.2%) |
| Median Home Value | $260,179 |
| Average Home Value | $375,055 |
Housing Distribution
Address Breakdown
Residential
786
Single Family
786
Multi-Family
0
Businesses
32
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Listed by: Rachel Elliott • HUNT Real Estate Corporation
Mls Name: NYSAMLSs
Mls ID: #B1653503