740 Ridge RdOntarioNY14519
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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 Ontario at 740 Ridge Rd, Ontario, NY, 14519 with 5% annual appreciation on a $249,900 basis while $1,984/mo rent supports operations. Total monthly income totals $1,984/mo and a $1,223/mo payment preserves $315/mo for cash returns. Annual cash flow comes to $3,784/yr on $82,842 deployed, and return on cash invested reaches 24.48% in year one. Equity gained on principal adds $1,613/yr, and five-year appreciation sums $69,043 alongside rental yield of 9.53%. Five-year ROI measures 128.01% and total cumulative return in cash totals $106,046.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,984/mo property income versus a $1,223/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1975
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14519, Ontario, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,116 (100%) |
| Owner Occupied HU | 3,999 (78.2%) |
| Renter Occupied HU | 812 (15.9%) |
| Vacant Housing Units | 305 ( 6.0%) |
| Median Home Value | $267,990 |
| Average Home Value | $282,076 |
Housing Distribution
Address Breakdown
Residential
5,116
Single Family
4,915
Multi-Family
201
Businesses
333
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