3430 State Route 79BurdettNY14818
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
Investment property for sale in Burdett at 3430 State Route 79, Burdett, NY, 14818 offers a 10.16% rental yield on a $290,000 purchase with $2,456/mo rent. Total monthly income registers $2,456/mo, and a $1,419/mo payment leaves $520/mo available for distribution. Annual cash flow reaches $6,238/yr on $96,135 to close, and return on cash invested stands at 26.4% in year one. Equity gained on principal adds $1,871/yr while 5% annual appreciation supports $80,122 over five years. Portfolio math shows five-year ROI at 138.27% and total cumulative return in cash at $132,928. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,456/mo property income against a $1,419/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1833
5.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14818, Burdett, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,092 (100%) |
| Owner Occupied HU | 654 (59.9%) |
| Renter Occupied HU | 148 (13.6%) |
| Vacant Housing Units | 290 (26.6%) |
| Median Home Value | $298,361 |
| Average Home Value | $356,846 |
Housing Distribution
Address Breakdown
Residential
881
Single Family
881
Multi-Family
0
Businesses
62
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices