1640 Covell RdBrockportNY14420
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 Brockport at 1640 Covell Rd, Brockport, NY, 14420 offers a 14.65% rental yield on a $501,000 purchase with $6,115/mo rent. Total monthly income registers $6,115/mo, and a $2,452/mo payment leaves $2,770/mo available for distribution. Annual cash flow reaches $33,235/yr on $164,829 to close, and return on cash invested stands at 40.22% in year one. Equity gained on principal adds $3,233/yr while 5% annual appreciation supports $138,417 over five years. Portfolio math shows five-year ROI at 212.4% and total cumulative return in cash at $350,098. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,115/mo property income against a $2,452/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
12.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14420, Brockport, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,948 (100%) |
| Owner Occupied HU | 4,899 (54.7%) |
| Renter Occupied HU | 3,214 (35.9%) |
| Vacant Housing Units | 835 ( 9.3%) |
| Median Home Value | $230,897 |
| Average Home Value | $272,313 |
Housing Distribution
Address Breakdown
Residential
7,898
Single Family
6,940
Multi-Family
958
Businesses
449
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices