3497 Boyce RdClifton SpringsNY14432
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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 Clifton Springs at 3497 Boyce Rd, Clifton Springs, NY, 14432 generates $3,308/mo in rent and, after a $1,494/mo payment, leaves $1,270/mo in cash flow. Total monthly income is $3,308/mo, and annual cash flow is $15,237/yr on $101,174 invested. Return on cash invested sits at 34.97% in year one, and rental yield is 13.01% on a $305,200 entry. Equity gained on principal adds $1,969/yr, while 5% annual appreciation builds toward $84,321 over five years. Five-year ROI reaches 184.26% and total cumulative return in cash sums $186,420. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,308/mo property income rather than buyer’s personal income.
Single Family
Built in 1993
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14432, Clifton Springs, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,432 (100%) |
| Owner Occupied HU | 1,703 (70.0%) |
| Renter Occupied HU | 573 (23.6%) |
| Vacant Housing Units | 156 ( 6.4%) |
| Median Home Value | $171,601 |
| Average Home Value | $268,739 |
Housing Distribution
Address Breakdown
Residential
2,234
Single Family
1,764
Multi-Family
470
Businesses
118
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