823 Chestnut BndWebsterNY14580
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 Webster at 823 Chestnut Bnd, Webster, NY, 14580 uses $79,229 cash to close to unlock $753/yr annual cash flow and $63/mo monthly cash flow. Total monthly income runs $1,659/mo, and a $1,170/mo payment keeps the spread at $63/mo. Purchase price stands at $239,000, and rental yield measures 8.33% with $1,659/mo rent. Return on cash invested shows 20.86% in year one, and 5% annual appreciation builds toward $66,031 over five years. Five-year ROI reaches 108.58% and total cumulative return in cash records $86,028. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,659/mo property income covering a $1,170/mo payment rather than investor’s personal income.
Single Family
Built in 1954
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14580, Webster, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,961 (100%) |
| Owner Occupied HU | 17,159 (68.7%) |
| Renter Occupied HU | 6,645 (26.6%) |
| Vacant Housing Units | 1,157 ( 4.6%) |
| Median Home Value | $300,034 |
| Average Home Value | $334,881 |
Housing Distribution
Address Breakdown
Residential
23,828
Single Family
21,477
Multi-Family
2,351
Businesses
1,333
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices