5 New Wickham DrPenfieldNY14526
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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 Penfield at 5 New Wickham Dr, Penfield, NY, 14526 with 5% annual appreciation on a $234,900 basis while $1,609/mo rent supports operations. Total monthly income totals $1,609/mo and a $1,150/mo payment preserves $40/mo for cash returns. Annual cash flow comes to $481/yr on $77,869 deployed, and return on cash invested reaches 20.53% in year one. Equity gained on principal adds $1,516/yr, and five-year appreciation sums $64,899 alongside rental yield of 8.22%. Five-year ROI measures 106.85% and total cumulative return in cash totals $83,205.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,609/mo property income versus a $1,150/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1971
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14526, Penfield, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,644 (100%) |
| Owner Occupied HU | 6,992 (80.9%) |
| Renter Occupied HU | 1,392 (16.1%) |
| Vacant Housing Units | 260 ( 3.0%) |
| Median Home Value | $291,743 |
| Average Home Value | $327,733 |
Housing Distribution
Address Breakdown
Residential
8,783
Single Family
8,040
Multi-Family
743
Businesses
494
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