15 Elm StBloomfieldNY14469
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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 Bloomfield at 15 Elm St, Bloomfield, NY, 14469 listed at $269,900 pairs $1,842/mo rent with a $1,321/mo payment to leave $40/mo cash flow. Total monthly income runs $1,842/mo, and annual cash flow reaches $476/yr on $89,472 cash to close. Return on cash invested measures 20.44% in year one, and rental yield registers 8.19% at a $269,900 basis. Equity gained on principal adds $1,742/yr, and annual property appreciation at 5% supports $74,568 by year five. Five-year ROI tracks 106.34% and total cumulative return in cash totals $95,142. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,842/mo property income relative to a $1,321/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14469, Bloomfield, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,045 (100%) |
| Owner Occupied HU | 2,300 (75.5%) |
| Renter Occupied HU | 530 (17.4%) |
| Vacant Housing Units | 215 ( 7.1%) |
| Median Home Value | $274,088 |
| Average Home Value | $324,654 |
Housing Distribution
Address Breakdown
Residential
2,357
Single Family
2,291
Multi-Family
66
Businesses
142
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Listed by: Nina Malatesta • NextHome Endeavor
Mls Name: NYSAMLSs
Mls ID: #R1629203