7 Bennett AveBloomfieldNY14469
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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 Bloomfield at 7 Bennett Ave, Bloomfield, NY, 14469 priced at $265,000 converts $1,791/mo rent into $21/mo cash flow after a $1,297/mo obligation. Total monthly income equals $1,791/mo, and annual cash flow totals $257/yr on $87,848 invested. Return on cash invested prints 20.2% in year one, and rental yield reads 8.11% against a $265,000 entry. Equity gained on principal adds $1,710/yr, while 5% annual appreciation compiles into $73,215 by year five. Five-year ROI reaches 105.09% and total cumulative return in cash sums $92,319. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,791/mo property income covering a $1,297/mo payment, not borrower’s personal income.
Multi Family
Built in 1972
0.30 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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