6297 S Old Bald Hill RdSpringwaterNY14560
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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 Springwater at 6297 S Old Bald Hill Rd, Springwater, NY, 14560 priced at $799,900 pairs $4,037/mo rent with after a $3,915/mo payment. Total monthly income equals $4,037/mo. Return on cash invested is 14.11% in year one, and rental yield stands at 6.06% on a $799,900 basis. Equity gained on principal adds $5,162/yr, and 5% annual appreciation accumulates to $220,998 by year five. Five-year ROI measures 72.37% and total cumulative return in cash reaches $190,464. For financing, Ziffy Mortgage’s DSCR program evaluates $4,037/mo property income against a $3,915/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2001
38.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14560, Springwater, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,133 (100%) |
| Owner Occupied HU | 797 (70.3%) |
| Renter Occupied HU | 130 (11.5%) |
| Vacant Housing Units | 206 (18.2%) |
| Median Home Value | $201,278 |
| Average Home Value | $231,010 |
Housing Distribution
Address Breakdown
Residential
880
Single Family
880
Multi-Family
0
Businesses
29
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Listed by: Hollis A. Creek • Howard Hanna
Mls Name: NYSAMLSs
Mls ID: #R1652330