6284 Route 5PortlandNY14769
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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 Portland at 6284 Route 5, Portland, NY, 14769 offers a 4.72% rental yield on a $375,000 purchase with $1,476/mo rent. 99% in year one. Equity gained on principal adds $2,420/yr while 5% annual appreciation supports $103,606 over five years. Portfolio math shows five-year ROI at 50.3% and total cumulative return in cash at $62,535. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,476/mo property income against a $1,835/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1949
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14769, Portland, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 498 (100%) |
| Owner Occupied HU | 265 (53.2%) |
| Renter Occupied HU | 128 (25.7%) |
| Vacant Housing Units | 105 (21.1%) |
| Median Home Value | $178,676 |
| Average Home Value | $232,632 |
Housing Distribution
Address Breakdown
Residential
314
Single Family
314
Multi-Family
0
Businesses
13
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Listed by: Cynthia Rosenbloom • ERA Team VP Real Estate
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #R1553433
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