1432 Center Dr #129AldenNY14004
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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 1432 Center Dr #129, Alden, NY, 14004 offers a 9.22% rental yield on a $132,900 purchase with $1,021/mo rent. Total monthly income registers $1,021/mo, and a $650/mo payment leaves $134/mo available for distribution. Annual cash flow reaches $1,608/yr on $44,056 to close, and return on cash invested stands at 23.56% in year one. Equity gained on principal adds $858/yr while 5% annual appreciation supports $36,718 over five years. Portfolio math shows five-year ROI at 123.06% and total cumulative return in cash at $54,217. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,021/mo property income against a $650/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2022
N/A 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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