28 Hillcrest DrAlfredNY14802
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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 Alfred at 28 Hillcrest Dr, Alfred, NY, 14802 at $189,999 posts ROI 21.09% with $62/mo cash flow from $1,331/mo rent. Total monthly income equals $1,331/mo, and annual cash flow records $746/yr on $62,985 to close. Return on cash invested measures 21.09% and rental yield reads 8.41% at the current $189,999. Equity gained on principal adds $1,226/yr, and 5% annual appreciation supports $52,493 by year five. Five-year ROI prints 109.91% and total cumulative return in cash totals $69,228.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,331/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1951
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14802, Alfred, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 515 (100%) |
| Owner Occupied HU | 226 (43.9%) |
| Renter Occupied HU | 145 (28.2%) |
| Vacant Housing Units | 144 (28.0%) |
| Median Home Value | $159,884 |
| Average Home Value | $190,830 |
Housing Distribution
Address Breakdown
Residential
528
Single Family
440
Multi-Family
88
Businesses
65
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