3026 Emo RdWaylandNY14572
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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 Wayland at 3026 Emo Rd, Wayland, NY, 14572 generates $1,470/mo in rent and, after a $1,016/mo payment, leaves $84/mo in cash flow. Total monthly income is $1,470/mo, and annual cash flow is $1,008/yr on $68,786 invested. Return on cash invested sits at 21.37% in year one, and rental yield is 8.5% on a $207,500 entry. Equity gained on principal adds $1,339/yr, while 5% annual appreciation builds toward $57,328 over five years. Five-year ROI reaches 111.33% and total cumulative return in cash sums $76,583. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,470/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
3.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14572, Wayland, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,334 (100%) |
| Owner Occupied HU | 1,501 (64.3%) |
| Renter Occupied HU | 435 (18.6%) |
| Vacant Housing Units | 398 (17.1%) |
| Median Home Value | $157,722 |
| Average Home Value | $190,701 |
Housing Distribution
Address Breakdown
Residential
2,138
Single Family
2,081
Multi-Family
57
Businesses
108
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