5602 Eastwood DrVeronaNY13478
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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 Verona at 5602 Eastwood Dr, Verona, NY, 13478 uses $82,842 cash to close to unlock $5,812/yr annual cash flow and $484/mo monthly cash flow. Total monthly income runs $2,153/mo, and a $1,223/mo payment keeps the spread at $484/mo. Purchase price stands at $249,900, and rental yield measures 10.34% with $2,153/mo rent. Return on cash invested shows 26.93% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 141.13% and total cumulative return in cash records $116,918. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,153/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Single Family
Built in 1959
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13478, Verona, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,277 (100%) |
| Owner Occupied HU | 978 (76.6%) |
| Renter Occupied HU | 198 (15.5%) |
| Vacant Housing Units | 101 ( 7.9%) |
| Median Home Value | $222,477 |
| Average Home Value | $225,481 |
Housing Distribution
Address Breakdown
Residential
1,186
Single Family
1,186
Multi-Family
0
Businesses
53
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