1475 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
Rental property for sale in Farmington at 1475 Fraser Way, Farmington, NY, 14425 generates $3,624/mo in rent and, after a $2,398/mo payment, leaves $352/mo in cash flow. Total monthly income is $3,624/mo, and annual cash flow is $4,228/yr on $162,402 invested. Return on cash invested sits at 22.51% in year one, and rental yield is 8.88% on a $489,900 entry. Equity gained on principal adds $3,161/yr, while 5% annual appreciation builds toward $135,350 over five years. Five-year ROI reaches 117.46% and total cumulative return in cash sums $190,757. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,624/mo property income rather than buyer’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: Russell P. Militello • Ivy House Realty LLC
Mls Name: NYSAMLSs
Mls ID: #R1647698