4828 State Route 414RomulusNY14541
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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 Romulus at 4828 State Route 414, Romulus, NY, 14541 uses $65,969 cash to close to unlock $2,245/yr annual cash flow and $187/mo monthly cash flow. Total monthly income runs $1,516/mo, and a $974/mo payment keeps the spread at $187/mo. Purchase price stands at $199,000, and rental yield measures 9.14% with $1,516/mo rent. Return on cash invested shows 23.31% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 121.81% and total cumulative return in cash records $80,358. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,516/mo property income covering a $974/mo payment rather than investor’s personal income.
Single Family
Built in 1978
1.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14541, Romulus, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,232 (100%) |
| Owner Occupied HU | 617 (50.1%) |
| Renter Occupied HU | 234 (19.0%) |
| Vacant Housing Units | 381 (30.9%) |
| Median Home Value | $300,526 |
| Average Home Value | $369,611 |
Housing Distribution
Address Breakdown
Residential
978
Single Family
978
Multi-Family
0
Businesses
51
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