1474 Fraser WayFarmingtonNY14425
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
Investment property for sale in Farmington at 1474 Fraser Way, Farmington, NY, 14425 uses $165,419 cash to close to unlock $9,409/yr annual cash flow and $784/mo monthly cash flow. Total monthly income runs $4,116/mo, and a $2,442/mo payment keeps the spread at $784/mo. Purchase price stands at $499,000, and rental yield measures 9.9% with $4,116/mo rent. Return on cash invested shows 25.6% in year one, and 5% annual appreciation builds toward $137,865 over five years. Five-year ROI reaches 134% and total cumulative return in cash records $221,658. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,116/mo property income covering a $2,442/mo payment rather than investor’s personal income.
Single Family
Built in 2007
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14425, Farmington, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,813 (100%) |
| Owner Occupied HU | 3,773 (64.9%) |
| Renter Occupied HU | 1,732 (29.8%) |
| Vacant Housing Units | 308 ( 5.3%) |
| Median Home Value | $234,313 |
| Average Home Value | $260,187 |
Housing Distribution
Address Breakdown
Residential
5,729
Single Family
5,228
Multi-Family
501
Businesses
205
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Silvia M. Deutsch • RE/MAX Realty Group
Mls Name: NYSAMLSs
Mls ID: #R1624536