5908 Hoover RdSanbornNY14132
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
Investment property for sale in Sanborn at 5908 Hoover Rd, Sanborn, NY, 14132 earns $377/mo cash flow from $2,580/mo rent with a $1,615/mo payment. Total monthly income totals $2,580/mo, and annual cash flow totals $4,520/yr on $109,362 capital. ROI tracks 24.04% on current figures, and rental yield reads 9.38% at a $329,900 purchase. Equity gained on principal adds $2,129/yr, and 5% annual appreciation supports $91,145 over five years. Five-year ROI reaches 125.65% and total cumulative return in cash sums $137,415. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,580/mo property income instead of your personal income.
Single Family
Built in 1967
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14132, Sanborn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,678 (100%) |
| Owner Occupied HU | 2,102 (78.5%) |
| Renter Occupied HU | 429 (16.0%) |
| Vacant Housing Units | 147 ( 5.5%) |
| Median Home Value | $269,652 |
| Average Home Value | $335,396 |
Housing Distribution
Address Breakdown
Residential
2,345
Single Family
2,298
Multi-Family
47
Businesses
206
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices