1263 Phelps DrArkportNY14807
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 1263 Phelps Dr, Arkport, NY, 14807 in Arkport deserves attention. This $229,999 property earns $2,904/mo in rent, a 15.15% gross yield, and nets $1,368/mo after the $1,034/mo payment. DSCR 2.81 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $63,544 compounds alongside $2,118/yr in yearly equity build, for a total cumulative return of $175,762.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 15.2% | 6.2% |
| Monthly Cash Flow | $1,368 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,904 |
| Total Monthly Debt Service | $1,444 |
| DSCR Ratio | 2.01x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1985
1.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14807, Arkport, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,445 (100%) |
| Owner Occupied HU | 1,019 (70.5%) |
| Renter Occupied HU | 234 (16.2%) |
| Vacant Housing Units | 192 (13.3%) |
| Median Home Value | $166,753 |
| Average Home Value | $185,515 |
Housing Distribution
Address Breakdown
Residential
1,021
Single Family
997
Multi-Family
24
Businesses
71
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1985
1.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14807, Arkport, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,445 (100%) |
| Owner Occupied HU | 1,019 (70.5%) |
| Renter Occupied HU | 234 (16.2%) |
| Vacant Housing Units | 192 (13.3%) |
| Median Home Value | $166,753 |
| Average Home Value | $185,515 |
Housing Distribution
Address Breakdown
Residential
1,021
Single Family
997
Multi-Family
24
Businesses
71
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices