372 Lt Brender HwyFerndaleNY12734
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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 Ferndale at 372 Lt Brender Hwy, Ferndale, NY, 12734 listed at $309,500 pairs $2,741/mo rent with a $1,515/mo payment to leave $674/mo cash flow. Total monthly income runs $2,741/mo, and annual cash flow reaches $8,089/yr on $102,599 cash to close. Return on cash invested measures 27.79% in year one, and rental yield registers 10.63% at a $309,500 basis. Equity gained on principal adds $1,997/yr, and annual property appreciation at 5% supports $85,509 by year five. Five-year ROI tracks 145.8% and total cumulative return in cash totals $149,586. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,741/mo property income relative to a $1,515/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1940
8.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12734, Ferndale, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 955 (100%) |
| Owner Occupied HU | 382 (40.0%) |
| Renter Occupied HU | 231 (24.2%) |
| Vacant Housing Units | 342 (35.8%) |
| Median Home Value | $272,340 |
| Average Home Value | $332,539 |
Housing Distribution
Address Breakdown
Residential
449
Single Family
449
Multi-Family
0
Businesses
110
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