12898 Reynolds RdWolcottNY14590
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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 Wolcott at 12898 Reynolds Rd, Wolcott, NY, 14590 uses $81,218 cash to close to unlock $7,345/yr annual cash flow and $612/mo monthly cash flow. Total monthly income runs $2,248/mo, and a $1,199/mo payment keeps the spread at $612/mo. Purchase price stands at $245,000, and rental yield measures 11.01% with $2,248/mo rent. Return on cash invested shows 28.95% in year one, and 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 152.04% and total cumulative return in cash records $123,480. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,248/mo property income covering a $1,199/mo payment rather than investor’s personal income.
Single Family
Built in 2024
3.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14590, Wolcott, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,102 (100%) |
| Owner Occupied HU | 1,595 (51.4%) |
| Renter Occupied HU | 491 (15.8%) |
| Vacant Housing Units | 1,016 (32.8%) |
| Median Home Value | $174,093 |
| Average Home Value | $275,473 |
Housing Distribution
Address Breakdown
Residential
2,368
Single Family
2,268
Multi-Family
100
Businesses
159
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