8015 Northgate RdClymerNY14724
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Clymer at 8015 Northgate Rd, Clymer, NY, 14724 offers a 11.15% rental yield on a $224,900 purchase with $2,089/mo rent. Total monthly income registers $2,089/mo, and a $1,101/mo payment leaves $265/mo available for distribution. Annual cash flow reaches $3,183/yr on $74,554 to close, and return on cash invested stands at 24.18% in year one. Equity gained on principal adds $1,451/yr while 5% annual appreciation supports $62,136 over five years. Portfolio math shows five-year ROI at 128.3% and total cumulative return in cash at $95,653. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,089/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2002
435.60 sqft lot
$N/A/sqft
$965 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14724, Clymer, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,470 (100%) |
| Owner Occupied HU | 797 (54.2%) |
| Renter Occupied HU | 183 (12.4%) |
| Vacant Housing Units | 490 (33.3%) |
| Median Home Value | $181,571 |
| Average Home Value | $268,774 |
Housing Distribution
Address Breakdown
Residential
833
Single Family
824
Multi-Family
9
Businesses
72
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rachel Willow • Howard Hanna Holt - Mayville
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #R1540477
Disclaimer: The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, UNYREIS and WNYREIS. Real estate listings held by firms other than Zillow, Inc. are marked with the IDX logo and include the Listing Brokers Firm Name. Listing Data last updated at 2024-11-11 05:50:44 PST. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Zillow, Inc. shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. 2024 CNYIS, UNYREIS, WNYREIS. All rights reserved.