1196 Belmont DrFarmingtonNY14425
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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 Farmington at 1196 Belmont Dr, Farmington, NY, 14425 earns $960/mo cash flow from $3,962/mo rent with a $2,200/mo payment. Total monthly income totals $3,962/mo, and annual cash flow totals $11,525/yr on $149,009 capital. ROI tracks 27.64% on current figures, and rental yield reads 10.58% at a $449,500 purchase. Equity gained on principal adds $2,901/yr, and 5% annual appreciation supports $124,189 over five years. Five-year ROI reaches 144.97% and total cumulative return in cash sums $216,017. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,962/mo property income instead of your personal income.
Single Family
Built in 2002
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14425, Farmington, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,813 (100%) |
| Owner Occupied HU | 3,773 (64.9%) |
| Renter Occupied HU | 1,732 (29.8%) |
| Vacant Housing Units | 308 ( 5.3%) |
| Median Home Value | $234,313 |
| Average Home Value | $260,187 |
Housing Distribution
Address Breakdown
Residential
5,729
Single Family
5,228
Multi-Family
501
Businesses
205
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