6271 Drake Settlement RdBurtNY14028
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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 Burt at 6271 Drake Settlement Rd, Burt, NY, 14028 listed at $206,000 pairs $2,273/mo rent with a $1,008/mo payment to leave $898/mo cash flow. Total monthly income runs $2,273/mo, and annual cash flow reaches $10,772/yr on $68,289 cash to close. Return on cash invested measures 35.68% in year one, and rental yield registers 13.24% at a $206,000 basis. Equity gained on principal adds $1,329/yr, and annual property appreciation at 5% supports $56,914 by year five. Five-year ROI tracks 188.09% and total cumulative return in cash totals $128,444. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,273/mo property income relative to a $1,008/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1951
0.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14028, Burt, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 857 (100%) |
| Owner Occupied HU | 562 (65.6%) |
| Renter Occupied HU | 120 (14.0%) |
| Vacant Housing Units | 175 (20.4%) |
| Median Home Value | $235,135 |
| Average Home Value | $261,366 |
Housing Distribution
Address Breakdown
Residential
627
Single Family
627
Multi-Family
0
Businesses
19
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