42 Island RdPhoenixNY13135
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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 Phoenix at 42 Island Rd, Phoenix, NY, 13135 generates $1,538/mo in rent, after a $3,059/mo payment. Total monthly income is $1,538/mo. Return on cash invested sits at 4.68% in year one, and rental yield is 2.95% on a $625,000 entry. Equity gained on principal adds $4,033/yr, while 5% annual appreciation builds toward $172,676 over five years. Five-year ROI reaches 21.8% and total cumulative return in cash sums $44,821. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,538/mo property income rather than buyer’s personal income.
Manufactured
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13135, Phoenix, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,738 (100%) |
| Owner Occupied HU | 1,800 (65.7%) |
| Renter Occupied HU | 680 (24.8%) |
| Vacant Housing Units | 258 ( 9.4%) |
| Median Home Value | $205,943 |
| Average Home Value | $237,811 |
Housing Distribution
Address Breakdown
Residential
2,709
Single Family
2,403
Multi-Family
306
Businesses
188
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