7409 State Route 20aBloomfieldNY14469
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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 Bloomfield at 7409 State Route 20a, Bloomfield, NY, 14469 offers a 6.95% rental yield on a $614,900 purchase with $3,562/mo rent. 83% in year one. Equity gained on principal adds $3,968/yr while 5% annual appreciation supports $169,886 over five years. Portfolio math shows five-year ROI at 86.95% and total cumulative return in cash at $175,906. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,562/mo property income against a $3,010/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
26 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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Listed by: Renee DeMars • Tru Agent Real Estate
Mls Name: NYSAMLSs
Mls ID: #R1626182