6940 Versailles RdDerbyNY14047
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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 6940 Versailles Rd, Derby, NY, 14047 offers a 8.2% rental yield on a $269,999 purchase with $1,845/mo rent. Total monthly income registers $1,845/mo, and a $1,322/mo payment leaves $42/mo available for distribution. Annual cash flow reaches $498/yr on $89,505 to close, and return on cash invested stands at 20.47% in year one. Equity gained on principal adds $1,742/yr while 5% annual appreciation supports $74,596 over five years. Portfolio math shows five-year ROI at 106.49% and total cumulative return in cash at $95,317. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,845/mo property income against a $1,322/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1833
0.38 Acres 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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