5535 Shimerville RdClarenceNY14031
Nearby investment properties with comparable rents
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
Rental property for sale in Clarence at 5535 Shimerville Rd, Clarence, NY, 14031 priced at $475,000 pairs $5,251/mo rent with $2,079/mo cash flow after a $2,325/mo payment. Total monthly income equals $5,251/mo, and annual cash flow comes to $24,947/yr on $157,463 invested. Return on cash invested is 35.75% in year one, and rental yield stands at 13.27% on a $475,000 basis. Equity gained on principal adds $3,065/yr, and 5% annual appreciation accumulates to $131,234 by year five. Five-year ROI measures 188.44% and total cumulative return in cash reaches $296,719. For financing, Ziffy Mortgage’s DSCR program evaluates $5,251/mo property income against a $2,325/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1983
2.70 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Vanessa Marino • Keller Williams Realty WNY
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #B1561145
Disclaimer: The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, UNYREIS and WNYREIS. Real estate listings held by firms other than Zillow, Inc. are marked with the IDX logo and include the Listing Brokers Firm Name. Listing Data last updated at 2024-08-30 06:36:40 PDT. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Zillow, Inc. shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. 2024 CNYIS, UNYREIS, WNYREIS. All rights reserved.