407 North StArcadeNY14009
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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 Arcade at 407 North St, Arcade, NY, 14009 priced at $124,900 converts $1,289/mo rent into $455/mo cash flow after a $611/mo obligation. Total monthly income equals $1,289/mo, and annual cash flow totals $5,463/yr on $41,404 invested. Return on cash invested prints 33.1% in year one, and rental yield reads 12.38% against a $124,900 entry. Equity gained on principal adds $806/yr, while 5% annual appreciation compiles into $34,508 by year five. Five-year ROI reaches 174.32% and total cumulative return in cash sums $72,178. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,289/mo property income covering a $611/mo payment, not borrower’s personal income.
Multi Family
Built in 1900
1.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14009, Arcade, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,964 (100%) |
| Owner Occupied HU | 1,947 (65.7%) |
| Renter Occupied HU | 589 (19.9%) |
| Vacant Housing Units | 428 (14.4%) |
| Median Home Value | $190,341 |
| Average Home Value | $227,368 |
Housing Distribution
Address Breakdown
Residential
2,431
Single Family
2,266
Multi-Family
165
Businesses
191
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Listed by: Rodney Heale • NextHome Brixwood
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #B1595682
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