5670 Goodrich RdClarence CenterNY14032
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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 Clarence Center at 5670 Goodrich Rd, Clarence Center, NY, 14032 listed at $385,000 pairs $3,010/mo rent with a $1,884/mo payment to leave $439/mo cash flow. Total monthly income runs $3,010/mo, and annual cash flow reaches $5,273/yr on $127,628 cash to close. Return on cash invested measures 24.04% in year one, and rental yield registers 9.38% at a $385,000 basis. Equity gained on principal adds $2,484/yr, and annual property appreciation at 5% supports $106,368 by year five. Five-year ROI tracks 125.64% and total cumulative return in cash totals $160,354. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,010/mo property income relative to a $1,884/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1980
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14032, Clarence Center, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,352 (100%) |
| Owner Occupied HU | 2,845 (84.9%) |
| Renter Occupied HU | 348 (10.4%) |
| Vacant Housing Units | 159 ( 4.7%) |
| Median Home Value | $492,004 |
| Average Home Value | $498,253 |
Housing Distribution
Address Breakdown
Residential
3,267
Single Family
3,146
Multi-Family
121
Businesses
221
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Listed by: Christian Voigt • HUNT Real Estate Corporation
Mls Name: NYSAMLSs
Mls ID: #B1634085