6689 Wayne DrDerbyNY14047
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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 Derby at 6689 Wayne Dr, Derby, NY, 14047 earns $981/mo cash flow from $2,449/mo rent with a $1,076/mo payment. Total monthly income totals $2,449/mo, and annual cash flow totals $11,770/yr on $72,897 capital. ROI tracks 36.06% on current figures, and rental yield reads 13.36% at a $219,900 purchase. Equity gained on principal adds $1,419/yr, and 5% annual appreciation supports $60,754 over five years. Five-year ROI reaches 190.05% and total cumulative return in cash sums $138,544. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,449/mo property income instead of your personal income.
Single Family
Built in 1971
8,398 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14047, Derby, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,786 (100%) |
| Owner Occupied HU | 2,167 (77.8%) |
| Renter Occupied HU | 452 (16.2%) |
| Vacant Housing Units | 167 ( 6.0%) |
| Median Home Value | $298,077 |
| Average Home Value | $458,254 |
Housing Distribution
Address Breakdown
Residential
2,713
Single Family
2,411
Multi-Family
302
Businesses
175
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