1152 Clearvue DrAldenNY14004
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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 Alden at 1152 Clearvue Dr, Alden, NY, 14004 priced at $270,000 converts $2,822/mo rent into $1,019/mo cash flow after a $1,322/mo obligation. Total monthly income equals $2,822/mo, and annual cash flow totals $12,222/yr on $89,505 invested. Return on cash invested prints 33.56% in year one, and rental yield reads 12.54% against a $270,000 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation compiles into $74,596 by year five. Five-year ROI reaches 176.73% and total cumulative return in cash sums $158,185. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,822/mo property income covering a $1,322/mo payment, not borrower’s personal income.
Single Family
Built in 1956
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14004, Alden, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,512 (100%) |
| Owner Occupied HU | 3,616 (80.1%) |
| Renter Occupied HU | 678 (15.0%) |
| Vacant Housing Units | 218 ( 4.8%) |
| Median Home Value | $319,063 |
| Average Home Value | $345,555 |
Housing Distribution
Address Breakdown
Residential
4,469
Single Family
4,253
Multi-Family
216
Businesses
269
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