360 Plank RdMacedonNY14502
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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 Macedon at 360 Plank Rd, Macedon, NY, 14502 offers a 13.32% rental yield on a $308,649 purchase with $3,427/mo rent. Total monthly income registers $3,427/mo, and a $1,511/mo payment leaves $1,366/mo available for distribution. Annual cash flow reaches $16,387/yr on $102,317 to close, and return on cash invested stands at 35.92% in year one. Equity gained on principal adds $1,992/yr while 5% annual appreciation supports $85,274 over five years. Portfolio math shows five-year ROI at 189.39% and total cumulative return in cash at $193,779. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,427/mo property income against a $1,511/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14502, Macedon, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,842 (100%) |
| Owner Occupied HU | 3,608 (74.5%) |
| Renter Occupied HU | 962 (19.9%) |
| Vacant Housing Units | 272 ( 5.6%) |
| Median Home Value | $246,134 |
| Average Home Value | $251,621 |
Housing Distribution
Address Breakdown
Residential
4,397
Single Family
4,182
Multi-Family
215
Businesses
340
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