12 Meadow View DrPenfieldNY14526
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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 Penfield at 12 Meadow View Dr, Penfield, NY, 14526 priced at $265,000 converts $1,853/mo rent into $83/mo cash flow after a $1,297/mo obligation. Total monthly income equals $1,853/mo, and annual cash flow totals $1,001/yr on $87,848 invested. Return on cash invested prints 21.05% in year one, and rental yield reads 8.39% against a $265,000 entry. Equity gained on principal adds $1,710/yr, while 5% annual appreciation compiles into $73,215 by year five. Five-year ROI reaches 109.61% and total cumulative return in cash sums $96,291. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,853/mo property income covering a $1,297/mo payment, not borrower’s personal income.
Single Family
Built in 1949
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14526, Penfield, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,644 (100%) |
| Owner Occupied HU | 6,992 (80.9%) |
| Renter Occupied HU | 1,392 (16.1%) |
| Vacant Housing Units | 260 ( 3.0%) |
| Median Home Value | $291,743 |
| Average Home Value | $327,733 |
Housing Distribution
Address Breakdown
Residential
8,783
Single Family
8,040
Multi-Family
743
Businesses
494
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