11 ChurchPhelpsNY14532
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
Investment property for sale in Phelps at 11 Church, Phelps, NY, 14532 at $235,000 posts ROI 23.68% with $245/mo cash flow from $1,814/mo rent. Total monthly income equals $1,814/mo, and annual cash flow records $2,939/yr on $77,903 to close. Return on cash invested measures 23.68% and rental yield reads 9.26% at the current $235,000. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,926 by year five. Five-year ROI prints 123.7% and total cumulative return in cash totals $96,364.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,814/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1950
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14532, Phelps, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,905 (100%) |
| Owner Occupied HU | 1,366 (71.7%) |
| Renter Occupied HU | 408 (21.4%) |
| Vacant Housing Units | 131 ( 6.9%) |
| Median Home Value | $193,750 |
| Average Home Value | $244,118 |
Housing Distribution
Address Breakdown
Residential
1,790
Single Family
1,708
Multi-Family
82
Businesses
124
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