2462 S Niciu RdRedfieldNY13437
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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 Redfield at 2462 S Niciu Rd, Redfield, NY, 13437 listed at $264,900 pairs $1,834/mo rent with a $1,297/mo payment to leave $65/mo cash flow. Total monthly income runs $1,834/mo, and annual cash flow reaches $775/yr on $87,814 cash to close. Return on cash invested measures 20.79% in year one, and rental yield registers 8.31% at a $264,900 basis. Equity gained on principal adds $1,709/yr, and annual property appreciation at 5% supports $73,187 by year five. Five-year ROI tracks 108.24% and total cumulative return in cash totals $95,048. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,834/mo property income relative to a $1,297/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1997
45.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13437, Redfield, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 640 (100%) |
| Owner Occupied HU | 155 (24.2%) |
| Renter Occupied HU | 25 ( 3.9%) |
| Vacant Housing Units | 460 (71.9%) |
| Median Home Value | $139,063 |
| Average Home Value | $193,242 |
Housing Distribution
Address Breakdown
Residential
179
Single Family
179
Multi-Family
0
Businesses
19
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