1553 Sumner RdCorfuNY14036
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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 Corfu at 1553 Sumner Rd, Corfu, NY, 14036 offers a 13.1% rental yield on a $197,900 purchase with $2,160/mo rent. Total monthly income registers $2,160/mo, and a $969/mo payment leaves $838/mo available for distribution. Annual cash flow reaches $10,057/yr on $65,604 to close, and return on cash invested stands at 35.24% in year one. Equity gained on principal adds $1,277/yr while 5% annual appreciation supports $54,676 over five years. Portfolio math shows five-year ROI at 185.78% and total cumulative return in cash at $121,881. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,160/mo property income against a $969/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14036, Corfu, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,218 (100%) |
| Owner Occupied HU | 1,710 (77.1%) |
| Renter Occupied HU | 391 (17.6%) |
| Vacant Housing Units | 117 ( 5.3%) |
| Median Home Value | $218,065 |
| Average Home Value | $244,104 |
Housing Distribution
Address Breakdown
Residential
1,857
Single Family
1,835
Multi-Family
22
Businesses
97
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