116 Hedley StMedinaNY14103
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
Rental property for sale in Medina at 116 Hedley St, Medina, NY, 14103 offers $1,194/mo rent that, after a $611/mo payment, leaves $360/mo cash flow. Total monthly income is $1,194/mo, and annual cash flow is $4,323/yr on $41,404 cash. Return on cash invested measures 30.35% in year one, and rental yield stands at 11.47% at a $124,900 entry. Equity gained on principal adds $806/yr while 5% annual appreciation compounds into $34,508 by year five. Five-year ROI records 159.57% and total cumulative return in cash reaches $66,070. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,194/mo property income versus a $611/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1850
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14103, Medina, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,904 (100%) |
| Owner Occupied HU | 3,107 (63.4%) |
| Renter Occupied HU | 1,352 (27.6%) |
| Vacant Housing Units | 445 ( 9.1%) |
| Median Home Value | $156,443 |
| Average Home Value | $229,710 |
Housing Distribution
Address Breakdown
Residential
4,431
Single Family
4,116
Multi-Family
315
Businesses
326
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