134 Gale RdClevelandNY13042
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
Investment Highlights
Rental property for sale in Cleveland at 134 Gale Rd, Cleveland, NY, 13042 priced at $254,900 pairs $2,342/mo rent with $639/mo cash flow after a $1,248/mo payment. Total monthly income equals $2,342/mo, and annual cash flow comes to $7,673/yr on $84,499 invested. Return on cash invested is 28.99% in year one, and rental yield stands at 11.03% on a $254,900 basis. Equity gained on principal adds $1,645/yr, and 5% annual appreciation accumulates to $70,424 by year five. Five-year ROI measures 152.21% and total cumulative return in cash reaches $128,616. For financing, Ziffy Mortgage’s DSCR program evaluates $2,342/mo property income against a $1,248/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1972
19.17 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices