5517 Norris RdNorth RoseNY14516
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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
Investment property for sale in North Rose at 5517 Norris Rd, North Rose, NY, 14516 offers a 8.41% rental yield on a $499,000 purchase with $3,496/mo rent. Total monthly income registers $3,496/mo, and a $2,442/mo payment leaves $164/mo available for distribution. Annual cash flow reaches $1,969/yr on $165,419 to close, and return on cash invested stands at 21.1% in year one. Equity gained on principal adds $3,220/yr while 5% annual appreciation supports $137,865 over five years. Portfolio math shows five-year ROI at 109.88% and total cumulative return in cash at $181,770. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,496/mo property income against a $2,442/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
19.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14516, North Rose, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,183 (100%) |
| Owner Occupied HU | 801 (67.7%) |
| Renter Occupied HU | 141 (11.9%) |
| Vacant Housing Units | 241 (20.4%) |
| Median Home Value | $215,141 |
| Average Home Value | $262,990 |
Housing Distribution
Address Breakdown
Residential
783
Single Family
783
Multi-Family
0
Businesses
39
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Listed by: Jeremiah Horning • Wine Trail Properties, LLC
Mls Name: NYSAMLSs
Mls ID: #R1635395