2118 Shirley RdNorth CollinsNY14111
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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 North Collins at 2118 Shirley Rd, North Collins, NY, 14111 earns $1,525/mo cash flow from $3,194/mo rent with a $1,223/mo payment. Total monthly income totals $3,194/mo, and annual cash flow totals $18,304/yr on $82,842 capital. ROI tracks 42% on current figures, and rental yield reads 15.34% at a $249,900 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,043 over five years. Five-year ROI reaches 221.99% and total cumulative return in cash sums $183,902. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,194/mo property income instead of your personal income.
Single Family
Built in 1961
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14111, North Collins, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,393 (100%) |
| Owner Occupied HU | 979 (70.3%) |
| Renter Occupied HU | 272 (19.5%) |
| Vacant Housing Units | 142 (10.2%) |
| Median Home Value | $260,254 |
| Average Home Value | $297,265 |
Housing Distribution
Address Breakdown
Residential
1,063
Single Family
1,039
Multi-Family
24
Businesses
87
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Listed by: Thomas J Mazzone • New York State Realty LLC
Mls Name: NYSAMLSs
Mls ID: #B1611208