2 Washington StWestfieldNY14787
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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 Westfield at 2 Washington St, Westfield, NY, 14787 with 5% annual appreciation on a $109,900 basis while $1,050/mo rent supports operations. Total monthly income totals $1,050/mo and a $538/mo payment preserves $316/mo for cash returns. Annual cash flow comes to $3,792/yr on $36,432 deployed, and return on cash invested reaches 30.32% in year one. Equity gained on principal adds $709/yr, and five-year appreciation sums $30,363 alongside rental yield of 11.46%. Five-year ROI measures 159.47% and total cumulative return in cash totals $58,096.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,050/mo property income versus a $538/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1880
4,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14787, Westfield, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,608 (100%) |
| Owner Occupied HU | 1,550 (59.4%) |
| Renter Occupied HU | 527 (20.2%) |
| Vacant Housing Units | 531 (20.4%) |
| Median Home Value | $158,824 |
| Average Home Value | $193,263 |
Housing Distribution
Address Breakdown
Residential
2,234
Single Family
2,182
Multi-Family
52
Businesses
226
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