714 Broadway RdDarien CenterNY14040
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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 Darien Center at 714 Broadway Rd, Darien Center, NY, 14040 priced at $164,000 converts $0/mo rent into after a $803/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -4.27% in year one, and rental yield reads 0% against a $164,000 entry. Equity gained on principal adds $1,058/yr, while 5% annual appreciation compiles into $45,310 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $803/mo payment, not borrower’s personal income.
Single Family
Built in 1996
3.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14040, Darien Center, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 971 (100%) |
| Owner Occupied HU | 779 (80.2%) |
| Renter Occupied HU | 122 (12.6%) |
| Vacant Housing Units | 70 ( 7.2%) |
| Median Home Value | $260,179 |
| Average Home Value | $375,055 |
Housing Distribution
Address Breakdown
Residential
786
Single Family
786
Multi-Family
0
Businesses
32
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No similar rental properties found nearby.
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Listed by: Robert T Jantzi • Bontrager RE & Auction Service
Mls Name: NYSAMLSs
Mls ID: #B1640442