6640 State St #5BloomfieldNY14469
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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 Bloomfield at 6640 State St #5, Bloomfield, NY, 14469 listed at $599,900 pairs $4,435/mo rent with a $2,936/mo payment to leave $429/mo cash flow. Total monthly income runs $4,435/mo, and annual cash flow reaches $5,150/yr on $197,367 cash to close. Return on cash invested measures 22.67% in year one, and rental yield registers 8.87% at a $599,900 basis. Equity gained on principal adds $3,871/yr, and annual property appreciation at 5% supports $165,741 by year five. Five-year ROI tracks 118.27% and total cumulative return in cash totals $233,428. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,435/mo property income relative to a $2,936/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1856
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14469, Bloomfield, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,045 (100%) |
| Owner Occupied HU | 2,300 (75.5%) |
| Renter Occupied HU | 530 (17.4%) |
| Vacant Housing Units | 215 ( 7.1%) |
| Median Home Value | $274,088 |
| Average Home Value | $324,654 |
Housing Distribution
Address Breakdown
Residential
2,357
Single Family
2,291
Multi-Family
66
Businesses
142
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Listed by: David W. Young • The Young Agency
Mls Name: NYSAMLSs
Mls ID: #R1646126