59 New Wickham DrPenfieldNY14526
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 Penfield at 59 New Wickham Dr, Penfield, NY, 14526 priced at $189,900 converts $1,514/mo rent into after a $929/mo obligation. Total monthly income equals $1,514/mo. Return on cash invested prints 18.39% in year one, and rental yield reads 9.57% against a $189,900 entry. Equity gained on principal adds $1,225/yr, while 5% annual appreciation compiles into $52,466 by year five. Five-year ROI reaches 97.64% and total cumulative return in cash sums $61,469. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,514/mo property income covering a $929/mo payment, not borrower’s personal income.
Townhouse
Built in 1972
1,742 sqft lot
$N/A/sqft
$326 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14526, Penfield, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,644 (100%) |
| Owner Occupied HU | 6,992 (80.9%) |
| Renter Occupied HU | 1,392 (16.1%) |
| Vacant Housing Units | 260 ( 3.0%) |
| Median Home Value | $291,743 |
| Average Home Value | $327,733 |
Housing Distribution
Address Breakdown
Residential
8,783
Single Family
8,040
Multi-Family
743
Businesses
494
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Deborah R. Renna-Hynes • eXp Realty, LLC
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #R1584556
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 2025-03-18 14:17:28 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. 2025 CNYIS, UNYREIS, WNYREIS. All rights reserved.