78 South AveShortsvilleNY14504
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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 Shortsville at 78 South Ave, Shortsville, NY, 14504 offers a 11.5% rental yield on a $229,900 purchase with $2,203/mo rent. Total monthly income registers $2,203/mo, and a $1,125/mo payment leaves $668/mo available for distribution. Annual cash flow reaches $8,016/yr on $76,212 to close, and return on cash invested stands at 30.43% in year one. Equity gained on principal adds $1,484/yr while 5% annual appreciation supports $63,517 over five years. Portfolio math shows five-year ROI at 159.96% and total cumulative return in cash at $121,907. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,203/mo property income against a $1,125/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14504, Manchester, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 834 (100%) |
| Owner Occupied HU | 583 (69.9%) |
| Renter Occupied HU | 194 (23.3%) |
| Vacant Housing Units | 57 ( 6.8%) |
| Median Home Value | $109,743 |
| Average Home Value | $126,587 |
Housing Distribution
Address Breakdown
Residential
710
Single Family
507
Multi-Family
203
Businesses
39
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Listed by: Chad J. Loblaw • Brix & Maven Realty Group LLC
Mls Name: NYSAMLSs
Mls ID: #R1652749