6120 State Route 19aCastileNY14427
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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 6120 State Route 19a, Castile, NY, 14427 offers a 10.55% rental yield on a $199,900 purchase with $1,758/mo rent. Total monthly income registers $1,758/mo, and a $978/mo payment leaves $424/mo available for distribution. Annual cash flow reaches $5,082/yr on $66,267 to close, and return on cash invested stands at 27.58% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Portfolio math shows five-year ROI at 144.63% and total cumulative return in cash at $95,845. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,758/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1942
3.06 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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