6898 Route 98ArcadeNY14009
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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 Arcade at 6898 Route 98, Arcade, NY, 14009 offers a 12.38% rental yield on a $319,900 purchase with $3,301/mo rent. Total monthly income registers $3,301/mo, and a $1,566/mo payment leaves $1,165/mo available for distribution. Annual cash flow reaches $13,974/yr on $106,047 to close, and return on cash invested stands at 33.09% in year one. Equity gained on principal adds $2,064/yr while 5% annual appreciation supports $88,382 over five years. Portfolio math shows five-year ROI at 174.17% and total cumulative return in cash at $184,700. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,301/mo property income against a $1,566/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
2.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14009, Arcade, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,964 (100%) |
| Owner Occupied HU | 1,947 (65.7%) |
| Renter Occupied HU | 589 (19.9%) |
| Vacant Housing Units | 428 (14.4%) |
| Median Home Value | $190,341 |
| Average Home Value | $227,368 |
Housing Distribution
Address Breakdown
Residential
2,431
Single Family
2,266
Multi-Family
165
Businesses
191
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