13249 Broadway StAldenNY14004
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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 Alden at 13249 Broadway St, Alden, NY, 14004 uses $57,681 cash to close to unlock $8,744/yr annual cash flow and $729/mo monthly cash flow. Total monthly income runs $1,891/mo, and a $852/mo payment keeps the spread at $729/mo. Purchase price stands at $173,999, and rental yield measures 13.04% with $1,891/mo rent. Return on cash invested shows 35.07% in year one, and 5% annual appreciation builds toward $48,073 over five years. Five-year ROI reaches 184.81% and total cumulative return in cash records $106,601. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,891/mo property income covering a $852/mo payment rather than investor’s personal income.
Multi Family
Built in 1880
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14004, Alden, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,512 (100%) |
| Owner Occupied HU | 3,616 (80.1%) |
| Renter Occupied HU | 678 (15.0%) |
| Vacant Housing Units | 218 ( 4.8%) |
| Median Home Value | $319,063 |
| Average Home Value | $345,555 |
Housing Distribution
Address Breakdown
Residential
4,469
Single Family
4,253
Multi-Family
216
Businesses
269
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