1605 Coddington RdBrooktondaleNY14817
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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 Brooktondale at 1605 Coddington Rd, Brooktondale, NY, 14817 offers a 1.84% rental yield on a $699,000 purchase with $1,074/mo rent. 31% in year one. Equity gained on principal adds $4,511/yr while 5% annual appreciation supports $193,121 over five years. Portfolio math shows five-year ROI at 3.72% and total cumulative return in cash at $8,546. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,074/mo property income against a $3,421/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
54.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14817, Brooktondale, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,162 (100%) |
| Owner Occupied HU | 698 (60.1%) |
| Renter Occupied HU | 345 (29.7%) |
| Vacant Housing Units | 119 (10.2%) |
| Median Home Value | $349,080 |
| Average Home Value | $374,119 |
Housing Distribution
Address Breakdown
Residential
1,117
Single Family
1,117
Multi-Family
0
Businesses
33
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Listed by: Richard Patterson • Howard Hanna S Tier Inc
Mls Name: NYSAMLSs
Mls ID: #R1653474