5702 State Highway 29AStratfordNY13470
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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 Stratford at 5702 State Highway 29A, Stratford, NY, 13470 offers a 9.81% rental yield on a $215,000 purchase with $1,757/mo rent. Total monthly income registers $1,757/mo, and a $1,052/mo payment leaves $322/mo available for distribution. Annual cash flow reaches $3,859/yr on $71,273 to close, and return on cash invested stands at 25.32% in year one. Equity gained on principal adds $1,387/yr while 5% annual appreciation supports $59,401 over five years. Portfolio math shows five-year ROI at 132.52% and total cumulative return in cash at $94,453. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,757/mo property income against a $1,052/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
7.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13470, Stratford, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 647 (100%) |
| Owner Occupied HU | 255 (39.4%) |
| Renter Occupied HU | 36 ( 5.6%) |
| Vacant Housing Units | 356 (55.0%) |
| Median Home Value | $168,750 |
| Average Home Value | $197,647 |
Housing Distribution
Address Breakdown
Residential
291
Single Family
291
Multi-Family
0
Businesses
10
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