37 Crane StClifton 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 37 Crane St, Clifton Springs, NY, 14432 offers $1,889/mo rent that, after a $587/mo payment, leaves $1,088/mo cash flow. Total monthly income is $1,889/mo, and annual cash flow is $13,056/yr on $39,780 cash. Return on cash invested measures 52.73% in year one, and rental yield stands at 18.89% at a $120,000 entry. Equity gained on principal adds $774/yr while 5% annual appreciation compounds into $33,154 by year five. Five-year ROI records 279.47% and total cumulative return in cash reaches $111,175. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,889/mo property income versus a $587/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1890
10,558 sqft 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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Listed by: Julie M. Chapman • Howard Hanna
Mls Name: NYSAMLSs
Mls ID: #R1652560