3881-3885 Charlotte Creek Rd #3881DavenportNY13750
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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 Davenport at 3881-3885 Charlotte Creek Rd #3881, Davenport, NY, 13750 listed at $715,000 pairs $2,880/mo rent with a $3,500/mo payment. Total monthly income runs $2,880/mo. Return on cash invested measures 10.39% in year one, and rental yield registers 4.83% at a $715,000 basis. Equity gained on principal adds $4,614/yr, and annual property appreciation at 5% supports $197,541 by year five. Five-year ROI tracks 52.42% and total cumulative return in cash totals $123,309. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,880/mo property income relative to a $3,500/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1988
13.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13750, Davenport, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 589 (100%) |
| Owner Occupied HU | 319 (54.2%) |
| Renter Occupied HU | 75 (12.7%) |
| Vacant Housing Units | 195 (33.1%) |
| Median Home Value | $196,324 |
| Average Home Value | $259,303 |
Housing Distribution
Address Breakdown
Residential
361
Single Family
361
Multi-Family
0
Businesses
22
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