187 S Estate DrWebsterNY14580
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
Rental property for sale in Webster at 187 S Estate Dr, Webster, NY, 14580 priced at $184,900 converts $1,425/mo rent into $190/mo cash flow after a $905/mo obligation. Total monthly income equals $1,425/mo, and annual cash flow totals $2,283/yr on $61,294 invested. Return on cash invested prints 23.63% in year one, and rental yield reads 9.25% against a $184,900 entry. Equity gained on principal adds $1,193/yr, while 5% annual appreciation compiles into $51,084 by year five. Five-year ROI reaches 123.51% and total cumulative return in cash sums $75,703. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,425/mo property income covering a $905/mo payment, not borrower’s personal income.
Condo
Built in 1974
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14580, Webster, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,961 (100%) |
| Owner Occupied HU | 17,159 (68.7%) |
| Renter Occupied HU | 6,645 (26.6%) |
| Vacant Housing Units | 1,157 ( 4.6%) |
| Median Home Value | $300,034 |
| Average Home Value | $334,881 |
Housing Distribution
Address Breakdown
Residential
23,828
Single Family
21,477
Multi-Family
2,351
Businesses
1,333
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices