7790 Alleghany RdBasomNY14013
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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 Basom at 7790 Alleghany Rd, Basom, NY, 14013 generates $2,796/mo in rent and, after a $1,859/mo payment, leaves $260/mo in cash flow. Total monthly income is $2,796/mo, and annual cash flow is $3,114/yr on $125,937 invested. Return on cash invested sits at 22.38% in year one, and rental yield is 8.83% on a $379,900 entry. Equity gained on principal adds $2,451/yr, while 5% annual appreciation builds toward $104,959 over five years. Five-year ROI reaches 116.75% and total cumulative return in cash sums $147,029. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,796/mo property income rather than buyer’s personal income.
Single Family
Built in 1985
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14013, Basom, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 559 (100%) |
| Owner Occupied HU | 440 (78.7%) |
| Renter Occupied HU | 84 (15.0%) |
| Vacant Housing Units | 35 ( 6.3%) |
| Median Home Value | $163,125 |
| Average Home Value | $215,342 |
Housing Distribution
Address Breakdown
Residential
615
Single Family
615
Multi-Family
0
Businesses
42
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