3163 Stannard RdAlexanderNY14005
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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 Alexander at 3163 Stannard Rd, Alexander, NY, 14005 generates $3,028/mo in rent and, after a $1,664/mo payment, leaves $758/mo in cash flow. Total monthly income is $3,028/mo, and annual cash flow is $9,094/yr on $112,677 invested. Return on cash invested sits at 27.98% in year one, and rental yield is 10.69% on a $339,900 entry. Equity gained on principal adds $2,193/yr, while 5% annual appreciation builds toward $93,908 over five years. Five-year ROI reaches 146.77% and total cumulative return in cash sums $165,371. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,028/mo property income rather than buyer’s personal income.
Single Family
Built in 1991
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14005, Alexander, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 733 (100%) |
| Owner Occupied HU | 571 (77.9%) |
| Renter Occupied HU | 116 (15.8%) |
| Vacant Housing Units | 46 ( 6.3%) |
| Median Home Value | $187,305 |
| Average Home Value | $273,923 |
Housing Distribution
Address Breakdown
Residential
571
Single Family
571
Multi-Family
0
Businesses
40
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