8031 Northgate II-UNIT 8031ClymerNY14724
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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 Clymer at 8031 Northgate II-UNIT 8031, Clymer, NY, 14724 offers a 4.06% rental yield on a $248,000 purchase with $840/mo rent. 99% in year one. Equity gained on principal adds $1,600/yr while 5% annual appreciation supports $68,518 over five years. Portfolio math shows five-year ROI at 39.59% and total cumulative return in cash at $32,550. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $840/mo property income against a $1,214/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2005
8,712 sqft lot
$N/A/sqft
No 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
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