7786 State St #5BloomfieldNY14469
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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 7786 State St #5, Bloomfield, NY, 14469 priced at $300,000 pairs $2,013/mo rent with $10/mo cash flow after a $1,468/mo payment. Total monthly income equals $2,013/mo, and annual cash flow comes to $120/yr on $99,450 invested. Return on cash invested is 20.03% in year one, and rental yield stands at 8.05% on a $300,000 basis. Equity gained on principal adds $1,936/yr, and 5% annual appreciation accumulates to $82,884 by year five. Five-year ROI measures 104.11% and total cumulative return in cash reaches $103,536. For financing, Ziffy Mortgage’s DSCR program evaluates $2,013/mo property income against a $1,468/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
3.06 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: Dawn M. Kane • Hunt Real Estate ERA/Columbus
Mls Name: NYSAMLSs
Mls ID: #R1616654