7837 E Port Bay RdWolcottNY14590
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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 Wolcott at 7837 E Port Bay Rd, Wolcott, NY, 14590 generates $1,277/mo in rent and, after a $807/mo payment, leaves $176/mo in cash flow. Total monthly income is $1,277/mo, and annual cash flow is $2,111/yr on $54,664 invested. Return on cash invested sits at 23.77% in year one, and rental yield is 9.29% on a $164,900 entry. Equity gained on principal adds $1,064/yr, while 5% annual appreciation builds toward $45,559 over five years. Five-year ROI reaches 124.19% and total cumulative return in cash sums $67,888. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,277/mo property income rather than buyer’s personal income.
Single Family
Built in 1935
1.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14590, Wolcott, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,102 (100%) |
| Owner Occupied HU | 1,595 (51.4%) |
| Renter Occupied HU | 491 (15.8%) |
| Vacant Housing Units | 1,016 (32.8%) |
| Median Home Value | $174,093 |
| Average Home Value | $275,473 |
Housing Distribution
Address Breakdown
Residential
2,368
Single Family
2,268
Multi-Family
100
Businesses
159
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