16 Pickett Street ExtCastileNY14427
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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
Rental property for sale in Castile at 16 Pickett Street Ext, Castile, NY, 14427 priced at $225,000 pairs $1,567/mo rent with $65/mo cash flow after a $1,101/mo payment. Total monthly income equals $1,567/mo, and annual cash flow comes to $777/yr on $74,588 invested. Return on cash invested is 20.95% in year one, and rental yield stands at 8.36% on a $225,000 basis. Equity gained on principal adds $1,452/yr, and 5% annual appreciation accumulates to $62,163 by year five. Five-year ROI measures 109.08% and total cumulative return in cash reaches $81,357. For financing, Ziffy Mortgage’s DSCR program evaluates $1,567/mo property income against a $1,101/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1988
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14427, Castile, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,002 (100%) |
| Owner Occupied HU | 572 (57.1%) |
| Renter Occupied HU | 200 (20.0%) |
| Vacant Housing Units | 230 (23.0%) |
| Median Home Value | $148,039 |
| Average Home Value | $199,996 |
Housing Distribution
Address Breakdown
Residential
809
Single Family
809
Multi-Family
0
Businesses
44
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