1401 Elm 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 1401 Elm St, Alden, NY, 14004 listed at $245,000 pairs $2,150/mo rent with a $1,199/mo payment to leave $514/mo cash flow. Total monthly income runs $2,150/mo, and annual cash flow reaches $6,169/yr on $81,218 cash to close. Return on cash invested measures 27.5% in year one, and rental yield registers 10.53% at a $245,000 basis. Equity gained on principal adds $1,581/yr, and annual property appreciation at 5% supports $67,689 by year five. Five-year ROI tracks 144.26% and total cumulative return in cash totals $117,168. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,150/mo property income relative to a $1,199/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1948
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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