860 Mammot RdAldenNY14004
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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 Alden at 860 Mammot Rd, Alden, NY, 14004 priced at $500,900 pairs $2,646/mo rent with after a $2,452/mo payment. Total monthly income equals $2,646/mo. Return on cash invested is 14.97% in year one, and rental yield stands at 6.34% on a $500,900 basis. Equity gained on principal adds $3,232/yr, and 5% annual appreciation accumulates to $138,389 by year five. Five-year ROI measures 76.96% and total cumulative return in cash reaches $126,830. For financing, Ziffy Mortgage’s DSCR program evaluates $2,646/mo property income against a $2,452/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1989
9.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14004, Alden, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,512 (100%) |
| Owner Occupied HU | 3,616 (80.1%) |
| Renter Occupied HU | 678 (15.0%) |
| Vacant Housing Units | 218 ( 4.8%) |
| Median Home Value | $319,063 |
| Average Home Value | $345,555 |
Housing Distribution
Address Breakdown
Residential
4,469
Single Family
4,253
Multi-Family
216
Businesses
269
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