268 Erin RdMedinaNY14103
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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 Medina at 268 Erin Rd, Medina, NY, 14103 priced at $179,900 converts $2,674/mo rent into $1,472/mo cash flow after a $881/mo obligation. Total monthly income equals $2,674/mo, and annual cash flow totals $17,666/yr on $59,637 invested. Return on cash invested prints 49.53% in year one, and rental yield reads 17.84% against a $179,900 entry. Equity gained on principal adds $1,161/yr, while 5% annual appreciation compiles into $49,703 by year five. Five-year ROI reaches 262.4% and total cumulative return in cash sums $156,489. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,674/mo property income covering a $881/mo payment, not borrower’s personal income.
Single Family
Built in 1953
1.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14103, Medina, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,904 (100%) |
| Owner Occupied HU | 3,107 (63.4%) |
| Renter Occupied HU | 1,352 (27.6%) |
| Vacant Housing Units | 445 ( 9.1%) |
| Median Home Value | $156,443 |
| Average Home Value | $229,710 |
Housing Distribution
Address Breakdown
Residential
4,431
Single Family
4,116
Multi-Family
315
Businesses
326
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