314 Drive 26ClevelandNY13042
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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 Cleveland at 314 Drive 26, Cleveland, NY, 13042 listed at $621,400 pairs $2,096/mo rent with a $3,041/mo payment. Total monthly income runs $2,096/mo. Return on cash invested measures 8.01% in year one, and rental yield registers 4.05% at a $621,400 basis. Equity gained on principal adds $4,010/yr, and annual property appreciation at 5% supports $171,681 by year five. Five-year ROI tracks 39.63% and total cumulative return in cash totals $81,022. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,096/mo property income relative to a $3,041/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1929
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13042, Cleveland, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,349 (100%) |
| Owner Occupied HU | 753 (55.8%) |
| Renter Occupied HU | 174 (12.9%) |
| Vacant Housing Units | 422 (31.3%) |
| Median Home Value | $188,527 |
| Average Home Value | $236,059 |
Housing Distribution
Address Breakdown
Residential
918
Single Family
918
Multi-Family
0
Businesses
31
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