5944 State Route 39CastileNY14427
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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 Castile at 5944 State Route 39, Castile, NY, 14427 offers a 7.04% rental yield on a $270,000 purchase with $1,585/mo rent. 98% in year one. Equity gained on principal adds $1,742/yr while 5% annual appreciation supports $74,596 over five years. Portfolio math shows five-year ROI at 87.79% and total cumulative return in cash at $78,577. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,585/mo property income against a $1,322/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
3.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14427, Castile, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,002 (100%) |
| Owner Occupied HU | 572 (57.1%) |
| Renter Occupied HU | 200 (20.0%) |
| Vacant Housing Units | 230 (23.0%) |
| Median Home Value | $148,039 |
| Average Home Value | $199,996 |
Housing Distribution
Address Breakdown
Residential
809
Single Family
809
Multi-Family
0
Businesses
44
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