3867 N Falls RdBurdettNY14818
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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 Burdett at 3867 N Falls Rd, Burdett, NY, 14818 offers $2,514/mo rent that, after a $3,544/mo payment. Total monthly income is $2,514/mo. Return on cash invested measures 8.37% in year one, and rental yield stands at 4.17% at a $724,000 entry. Equity gained on principal adds $4,672/yr while 5% annual appreciation compounds into $200,028 by year five. Five-year ROI records 41.55% and total cumulative return in cash reaches $98,979. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,514/mo property income versus a $3,544/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14818, Burdett, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,092 (100%) |
| Owner Occupied HU | 654 (59.9%) |
| Renter Occupied HU | 148 (13.6%) |
| Vacant Housing Units | 290 (26.6%) |
| Median Home Value | $298,361 |
| Average Home Value | $356,846 |
Housing Distribution
Address Breakdown
Residential
881
Single Family
881
Multi-Family
0
Businesses
62
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Listed by: Kenneth J. Wilson • Franzese Real Estate
Mls Name: ECMLS
Mls Provider:
Mls ID: #274729
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.