330 Roosevelt RdClevelandNY13042
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Cleveland at 330 Roosevelt Rd, Cleveland, NY, 13042 offers $3,358/mo rent that, after a $4,037/mo payment. Total monthly income is $3,358/mo. Return on cash invested measures 10.56% in year one, and rental yield stands at 4.89% at a $824,700 entry. Equity gained on principal adds $5,322/yr while 5% annual appreciation compounds into $227,849 by year five. Five-year ROI records 53.31% and total cumulative return in cash reaches $144,646. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,358/mo property income versus a $4,037/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
104.19 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices