14230 School StCollinsNY14034
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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 Collins at 14230 School St, Collins, NY, 14034 uses $82,842 cash to close to unlock $9,268/yr annual cash flow and $772/mo monthly cash flow. Total monthly income runs $2,441/mo, and a $1,223/mo payment keeps the spread at $772/mo. Purchase price stands at $249,900, and rental yield measures 11.72% with $2,441/mo rent. Return on cash invested shows 31.1% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 163.5% and total cumulative return in cash records $135,446. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,441/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Single Family
Built in 1928
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14034, Collins, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 893 (100%) |
| Owner Occupied HU | 653 (73.1%) |
| Renter Occupied HU | 135 (15.1%) |
| Vacant Housing Units | 105 (11.8%) |
| Median Home Value | $271,957 |
| Average Home Value | $364,793 |
Housing Distribution
Address Breakdown
Residential
622
Single Family
622
Multi-Family
0
Businesses
32
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