5580 State Route 96RomulusNY14541
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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 Romulus at 5580 State Route 96, Romulus, NY, 14541 generates $0/mo in rent, after a $562/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -4.25% in year one, and rental yield is 0% on a $114,900 entry. Equity gained on principal adds $741/yr, while 5% annual appreciation builds toward $31,745 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14541, Romulus, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,232 (100%) |
| Owner Occupied HU | 617 (50.1%) |
| Renter Occupied HU | 234 (19.0%) |
| Vacant Housing Units | 381 (30.9%) |
| Median Home Value | $300,526 |
| Average Home Value | $369,611 |
Housing Distribution
Address Breakdown
Residential
978
Single Family
978
Multi-Family
0
Businesses
51
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No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Daniel J. Toner • Century 21 Steve Davoli RE
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #R1553359
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