44 W Main StClifton SpringsNY14432
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Clifton Springs at 44 W Main St, Clifton Springs, NY, 14432 priced at $219,000 converts $1,543/mo rent into $80/mo cash flow after a $1,072/mo obligation. Total monthly income equals $1,543/mo, and annual cash flow totals $965/yr on $72,599 invested. Return on cash invested prints 21.24% in year one, and rental yield reads 8.45% against a $219,000 entry. Equity gained on principal adds $1,413/yr, while 5% annual appreciation compiles into $60,506 by year five. Five-year ROI reaches 110.66% and total cumulative return in cash sums $80,337. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,543/mo property income covering a $1,072/mo payment, not borrower’s personal income.
Multi Family
Built in 1900
9,056 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14432, Clifton Springs, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,432 (100%) |
| Owner Occupied HU | 1,703 (70.0%) |
| Renter Occupied HU | 573 (23.6%) |
| Vacant Housing Units | 156 ( 6.4%) |
| Median Home Value | $171,601 |
| Average Home Value | $268,739 |
Housing Distribution
Address Breakdown
Residential
2,234
Single Family
1,764
Multi-Family
470
Businesses
118
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Listed by: Samantha R Minns • Your Hometown Realty LLC
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #R1573569
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