2315 Clark RdPenn YanNY14527
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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 Penn Yan at 2315 Clark Rd, Penn Yan, NY, 14527 offers a 9.44% rental yield on a $289,000 purchase with $2,274/mo rent. Total monthly income registers $2,274/mo, and a $1,415/mo payment leaves $344/mo available for distribution. Annual cash flow reaches $4,123/yr on $95,804 to close, and return on cash invested stands at 24.21% in year one. Equity gained on principal adds $1,865/yr while 5% annual appreciation supports $79,845 over five years. Portfolio math shows five-year ROI at 126.57% and total cumulative return in cash at $121,262. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,274/mo property income against a $1,415/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
2.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14527, Penn Yan, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,705 (100%) |
| Owner Occupied HU | 3,605 (53.8%) |
| Renter Occupied HU | 1,595 (23.8%) |
| Vacant Housing Units | 1,505 (22.4%) |
| Median Home Value | $226,502 |
| Average Home Value | $360,208 |
Housing Distribution
Address Breakdown
Residential
5,712
Single Family
5,491
Multi-Family
221
Businesses
452
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