2328 Main RdCorfuNY14036
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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
Rental property for sale in Corfu at 2328 Main Rd, Corfu, NY, 14036 generates $1,526/mo in rent, after a $1,659/mo payment. Total monthly income is $1,526/mo. Return on cash invested sits at 12.03% in year one, and rental yield is 5.4% on a $339,000 entry. Equity gained on principal adds $2,188/yr, while 5% annual appreciation builds toward $93,659 over five years. Five-year ROI reaches 61.26% and total cumulative return in cash sums $68,848. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,526/mo property income rather than buyer’s personal income.
Multi Family
Built in 1920
2.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14036, Corfu, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,218 (100%) |
| Owner Occupied HU | 1,710 (77.1%) |
| Renter Occupied HU | 391 (17.6%) |
| Vacant Housing Units | 117 ( 5.3%) |
| Median Home Value | $218,065 |
| Average Home Value | $244,104 |
Housing Distribution
Address Breakdown
Residential
1,857
Single Family
1,835
Multi-Family
22
Businesses
97
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