7039 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 7039 Versailles Rd, Derby, NY, 14047 uses $94,478 cash to close to unlock $8,889/yr annual cash flow and $741/mo monthly cash flow. Total monthly income runs $2,644/mo, and a $1,395/mo payment keeps the spread at $741/mo. Purchase price stands at $285,000, and rental yield measures 11.13% with $2,644/mo rent. Return on cash invested shows 29.32% in year one, and 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 153.94% and total cumulative return in cash records $145,434. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,644/mo property income covering a $1,395/mo payment rather than investor’s personal income.
Single Family
Built in 1935
0.50 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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