125 Orchard DrClevelandNY13042
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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 Cleveland at 125 Orchard Dr, Cleveland, NY, 13042 priced at $339,000 converts $2,234/mo rent into after a $1,659/mo obligation. Total monthly income equals $2,234/mo. Return on cash invested prints 19.59% in year one, and rental yield reads 7.91% against a $339,000 entry. Equity gained on principal adds $2,188/yr, while 5% annual appreciation compiles into $93,659 by year five. Five-year ROI reaches 101.81% and total cumulative return in cash sums $114,412. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,234/mo property income covering a $1,659/mo payment, not borrower’s personal income.
Manufactured
Built in 2001
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13042, Cleveland, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,349 (100%) |
| Owner Occupied HU | 753 (55.8%) |
| Renter Occupied HU | 174 (12.9%) |
| Vacant Housing Units | 422 (31.3%) |
| Median Home Value | $188,527 |
| Average Home Value | $236,059 |
Housing Distribution
Address Breakdown
Residential
918
Single Family
918
Multi-Family
0
Businesses
31
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