1311 State Route 264PhoenixNY13135
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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 Phoenix at 1311 State Route 264, Phoenix, NY, 13135 uses $69,615 cash to close to unlock $114/yr annual cash flow and $10/mo monthly cash flow. Total monthly income runs $1,412/mo, and a $1,028/mo payment keeps the spread at $10/mo. Purchase price stands at $210,000, and rental yield measures 8.07% with $1,412/mo rent. Return on cash invested shows 20.07% in year one, and 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 104.4% and total cumulative return in cash records $72,676. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,412/mo property income covering a $1,028/mo payment rather than investor’s personal income.
Manufactured
Built in 1990
1.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13135, Phoenix, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,738 (100%) |
| Owner Occupied HU | 1,800 (65.7%) |
| Renter Occupied HU | 680 (24.8%) |
| Vacant Housing Units | 258 ( 9.4%) |
| Median Home Value | $205,943 |
| Average Home Value | $237,811 |
Housing Distribution
Address Breakdown
Residential
2,709
Single Family
2,403
Multi-Family
306
Businesses
188
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