52 High StAlfredNY14802
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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 Alfred at 52 High St, Alfred, NY, 14802 with 5% annual appreciation on a $304,900 basis while $720/mo rent supports operations. 29% in year one. Equity gained on principal adds $1,967/yr, and five-year appreciation sums $84,238 alongside rental yield of 2.83%. Five-year ROI measures 19.73% and total cumulative return in cash totals $19,946. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $720/mo property income versus a $1,492/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1964
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14802, Alfred, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 515 (100%) |
| Owner Occupied HU | 226 (43.9%) |
| Renter Occupied HU | 145 (28.2%) |
| Vacant Housing Units | 144 (28.0%) |
| Median Home Value | $159,884 |
| Average Home Value | $190,830 |
Housing Distribution
Address Breakdown
Residential
528
Single Family
440
Multi-Family
88
Businesses
65
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Listed by: Tara L Phelps • Howard Hanna
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #R1606098
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