1568 Goodhines RdWest LeydenNY13489
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 West Leyden at 1568 Goodhines Rd, West Leyden, NY, 13489 offers a 17.85% rental yield on a $149,900 purchase with $2,230/mo rent. Total monthly income registers $2,230/mo, and a $734/mo payment leaves $1,229/mo available for distribution. Annual cash flow reaches $14,744/yr on $49,692 to close, and return on cash invested stands at 49.58% in year one. Equity gained on principal adds $967/yr while 5% annual appreciation supports $41,415 over five years. Portfolio math shows five-year ROI at 262.62% and total cumulative return in cash at $130,499. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,230/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
24.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13489, West Leyden, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 287 (100%) |
| Owner Occupied HU | 177 (61.7%) |
| Renter Occupied HU | 23 ( 8.0%) |
| Vacant Housing Units | 87 (30.3%) |
| Median Home Value | $220,313 |
| Average Home Value | $261,963 |
Housing Distribution
Address Breakdown
Residential
173
Single Family
173
Multi-Family
0
Businesses
21
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Listed by: Nicholas Polce • GATEWAY PROPERTIES OF UPSTATE NY INC
Mls Name: NY State MLS
Mls ID: #11281920