6363 3rd StPortlandNY14769
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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 Portland at 6363 3rd St, Portland, NY, 14769 generates $1,805/mo in rent and, after a $945/mo payment, leaves $516/mo in cash flow. Total monthly income is $1,805/mo, and annual cash flow is $6,190/yr on $63,980 invested. Return on cash invested sits at 29.58% in year one, and rental yield is 11.22% on a $193,000 entry. Equity gained on principal adds $1,245/yr, while 5% annual appreciation builds toward $53,322 over five years. Five-year ROI reaches 155.37% and total cumulative return in cash sums $99,402. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,805/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
1.60 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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