523 Ontario DrOntarioNY14519
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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 Ontario at 523 Ontario Dr, Ontario, NY, 14519 priced at $500,000 converts $2,213/mo rent into after a $2,447/mo obligation. Total monthly income equals $2,213/mo. Return on cash invested prints 11.76% in year one, and rental yield reads 5.31% against a $500,000 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation compiles into $138,141 by year five. Five-year ROI reaches 59.79% and total cumulative return in cash sums $99,104. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,213/mo property income covering a $2,447/mo payment, not borrower’s personal income.
Single Family
Built in 1945
0.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14519, Ontario, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,116 (100%) |
| Owner Occupied HU | 3,999 (78.2%) |
| Renter Occupied HU | 812 (15.9%) |
| Vacant Housing Units | 305 ( 6.0%) |
| Median Home Value | $267,990 |
| Average Home Value | $282,076 |
Housing Distribution
Address Breakdown
Residential
5,116
Single Family
4,915
Multi-Family
201
Businesses
333
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