2275 Olmstead Rd WBloomfieldNY14469
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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 Bloomfield at 2275 Olmstead Rd W, Bloomfield, NY, 14469 uses $124,313 cash to close to unlock $915/yr annual cash flow and $76/mo monthly cash flow. Total monthly income runs $2,580/mo, and a $1,835/mo payment keeps the spread at $76/mo. Purchase price stands at $375,000, and rental yield measures 8.26% with $2,580/mo rent. Return on cash invested shows 20.65% in year one, and 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 107.45% and total cumulative return in cash records $133,575. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,580/mo property income covering a $1,835/mo payment rather than investor’s personal income.
Single Family
Built in 2005
5.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14469, Bloomfield, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,045 (100%) |
| Owner Occupied HU | 2,300 (75.5%) |
| Renter Occupied HU | 530 (17.4%) |
| Vacant Housing Units | 215 ( 7.1%) |
| Median Home Value | $274,088 |
| Average Home Value | $324,654 |
Housing Distribution
Address Breakdown
Residential
2,357
Single Family
2,291
Multi-Family
66
Businesses
142
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Listed by: Craig J. Emmerling • RE/MAX Integrity
Mls Name: NYSAMLSs
Mls ID: #R1641780