2623 Main StPiffardNY14533
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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 Piffard at 2623 Main St, Piffard, NY, 14533 offers a 10.11% rental yield on a $144,900 purchase with $1,221/mo rent. Total monthly income registers $1,221/mo, and a $709/mo payment leaves $254/mo available for distribution. Annual cash flow reaches $3,043/yr on $48,034 to close, and return on cash invested stands at 26.24% in year one. Equity gained on principal adds $935/yr while 5% annual appreciation supports $40,033 over five years. Portfolio math shows five-year ROI at 137.5% and total cumulative return in cash at $66,049. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,221/mo property income against a $709/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14533, Piffard, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 790 (100%) |
| Owner Occupied HU | 629 (79.6%) |
| Renter Occupied HU | 117 (14.8%) |
| Vacant Housing Units | 44 ( 5.6%) |
| Median Home Value | $210,491 |
| Average Home Value | $390,338 |
Housing Distribution
Address Breakdown
Residential
596
Single Family
596
Multi-Family
0
Businesses
18
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