823 Gifford RdPhelpsNY14532
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 823 Gifford Rd, Phelps, NY, 14532 in Phelps. Priced at $349,000, it generates $4,140/mo in gross rent and $1,809/mo in net monthly cash flow, a 14.23% yield that comfortably supports the 2.64 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $21,713. Five-year appreciation: $96,422. Equity from principal paydown: $3,214/yr. Total projected cumulative return: $249,554.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 14.2% | 6.2% |
| Monthly Cash Flow | $1,809 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $4,140 |
| Total Monthly Debt Service | $2,192 |
| DSCR Ratio | 1.89x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2024
2.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14532, Phelps, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,905 (100%) |
| Owner Occupied HU | 1,366 (71.7%) |
| Renter Occupied HU | 408 (21.4%) |
| Vacant Housing Units | 131 ( 6.9%) |
| Median Home Value | $193,750 |
| Average Home Value | $244,118 |
Housing Distribution
Address Breakdown
Residential
1,790
Single Family
1,708
Multi-Family
82
Businesses
124
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
Single Family
Built in 2024
2.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14532, Phelps, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,905 (100%) |
| Owner Occupied HU | 1,366 (71.7%) |
| Renter Occupied HU | 408 (21.4%) |
| Vacant Housing Units | 131 ( 6.9%) |
| Median Home Value | $193,750 |
| Average Home Value | $244,118 |
Housing Distribution
Address Breakdown
Residential
1,790
Single Family
1,708
Multi-Family
82
Businesses
124
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices