23 N Genesee StGenevaNY14456
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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 Geneva at 23 N Genesee St, Geneva, NY, 14456 uses $69,615 cash to close to unlock $10,014/yr annual cash flow and $835/mo monthly cash flow. Total monthly income runs $2,237/mo, and a $1,028/mo payment keeps the spread at $835/mo. Purchase price stands at $210,000, and rental yield measures 12.78% with $2,237/mo rent. Return on cash invested shows 34.29% in year one, and 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 180.64% and total cumulative return in cash records $125,752. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,237/mo property income covering a $1,028/mo payment rather than investor’s personal income.
Single Family
Built in 1880
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14456, Geneva, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,085 (100%) |
| Owner Occupied HU | 4,720 (52.0%) |
| Renter Occupied HU | 3,346 (36.8%) |
| Vacant Housing Units | 1,019 (11.2%) |
| Median Home Value | $194,127 |
| Average Home Value | $286,439 |
Housing Distribution
Address Breakdown
Residential
8,137
Single Family
6,987
Multi-Family
1,150
Businesses
868
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