629 Kent StCherry CreekNY14723
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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
Rental property for sale in Cherry Creek at 629 Kent St, Cherry Creek, NY, 14723 priced at $724,900 pairs $2,191/mo rent with after a $3,548/mo payment. Total monthly income equals $2,191/mo. Return on cash invested is 6.73% in year one, and rental yield stands at 3.63% on a $724,900 basis. Equity gained on principal adds $4,678/yr, and 5% annual appreciation accumulates to $200,277 by year five. Five-year ROI measures 32.78% and total cumulative return in cash reaches $78,177. For financing, Ziffy Mortgage’s DSCR program evaluates $2,191/mo property income against a $3,548/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2023
143.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14723, Cherry Creek, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 601 (100%) |
| Owner Occupied HU | 370 (61.6%) |
| Renter Occupied HU | 98 (16.3%) |
| Vacant Housing Units | 133 (22.1%) |
| Median Home Value | $153,750 |
| Average Home Value | $156,277 |
Housing Distribution
Address Breakdown
Residential
451
Single Family
451
Multi-Family
0
Businesses
35
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Listed by: Paul Vaicunas • WHITETAIL PROPERTIES REAL ESTATE LLC (NY)
Mls Name: NY State MLS
Mls ID: #11552409