121 New Wickham 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
Investment property for sale in Penfield at 121 New Wickham Dr, Penfield, NY, 14526 listed at $199,900 pairs $2,708/mo rent with a $978/mo payment to leave $980/mo cash flow. Total monthly income runs $2,708/mo, and annual cash flow reaches $11,754/yr on $66,267 cash to close. Return on cash invested measures 37.65% in year one, and rental yield registers 16.26% at a $199,900 basis. Equity gained on principal adds $1,290/yr, and annual property appreciation at 5% supports $55,229 by year five. Five-year ROI tracks 201.21% and total cumulative return in cash totals $133,333. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,708/mo property income relative to a $978/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1972
1,742 sqft lot
$N/A/sqft
$394 monthly 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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Listed by: Judith J. Farrell • Howard Hanna
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #R1559310
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