2084 Richardson RdCollinsNY14034
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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 Collins at 2084 Richardson Rd, Collins, NY, 14034 offers a 10.42% rental yield on a $399,000 purchase with $3,466/mo rent. Total monthly income registers $3,466/mo, and a $1,953/mo payment leaves $801/mo available for distribution. Annual cash flow reaches $9,617/yr on $132,269 to close, and return on cash invested stands at 27.18% in year one. Equity gained on principal adds $2,575/yr while 5% annual appreciation supports $110,236 over five years. Portfolio math shows five-year ROI at 142.48% and total cumulative return in cash at $188,462. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,466/mo property income against a $1,953/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
3.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14034, Collins, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 893 (100%) |
| Owner Occupied HU | 653 (73.1%) |
| Renter Occupied HU | 135 (15.1%) |
| Vacant Housing Units | 105 (11.8%) |
| Median Home Value | $271,957 |
| Average Home Value | $364,793 |
Housing Distribution
Address Breakdown
Residential
622
Single Family
622
Multi-Family
0
Businesses
32
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