124 S Platt StAlbionNY14411
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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 Albion at 124 S Platt St, Albion, NY, 14411 with 5% annual appreciation on a $122,000 basis while $1,535/mo rent supports operations. Total monthly income totals $1,535/mo and a $597/mo payment preserves $720/mo for cash returns. Annual cash flow comes to $8,645/yr on $40,443 deployed, and return on cash invested reaches 41.29% in year one. Equity gained on principal adds $787/yr, and five-year appreciation sums $33,706 alongside rental yield of 15.1%. Five-year ROI measures 218.17% and total cumulative return in cash totals $88,235.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,535/mo property income versus a $597/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1885
5,806 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14411, Albion, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,329 (100%) |
| Owner Occupied HU | 3,343 (62.7%) |
| Renter Occupied HU | 1,425 (26.7%) |
| Vacant Housing Units | 561 (10.5%) |
| Median Home Value | $127,432 |
| Average Home Value | $183,598 |
Housing Distribution
Address Breakdown
Residential
4,795
Single Family
4,589
Multi-Family
206
Businesses
365
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