3724 Oakmount RdBloomfieldNY14469
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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 Bloomfield at 3724 Oakmount Rd, Bloomfield, NY, 14469 generates $2,580/mo in rent and, after a $974/mo payment, leaves $1,251/mo in cash flow. Total monthly income is $2,580/mo, and annual cash flow is $15,013/yr on $65,969 invested. Return on cash invested sits at 42.67% in year one, and rental yield is 15.56% on a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 225.59% and total cumulative return in cash sums $148,818. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,580/mo property income rather than buyer’s personal income.
Single Family
Built in 1953
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14469, Bloomfield, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,045 (100%) |
| Owner Occupied HU | 2,300 (75.5%) |
| Renter Occupied HU | 530 (17.4%) |
| Vacant Housing Units | 215 ( 7.1%) |
| Median Home Value | $274,088 |
| Average Home Value | $324,654 |
Housing Distribution
Address Breakdown
Residential
2,357
Single Family
2,291
Multi-Family
66
Businesses
142
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Listed by: Lauren A. Hanggi • Keller Williams Realty Gateway
Mls Name: NYSAMLSs
Mls ID: #R1628123