8702 Coleman RdBarkerNY14012
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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 Barker at 8702 Coleman Rd, Barker, NY, 14012 offers a 18.01% rental yield on a $199,900 purchase with $3,000/mo rent. Total monthly income registers $3,000/mo, and a $978/mo payment leaves $1,666/mo available for distribution. Annual cash flow reaches $19,986/yr on $66,267 to close, and return on cash invested stands at 50.07% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Portfolio math shows five-year ROI at 265.26% and total cumulative return in cash at $175,777. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,000/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1947
0.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14012, Barker, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,097 (100%) |
| Owner Occupied HU | 747 (68.1%) |
| Renter Occupied HU | 173 (15.8%) |
| Vacant Housing Units | 177 (16.1%) |
| Median Home Value | $233,403 |
| Average Home Value | $315,763 |
Housing Distribution
Address Breakdown
Residential
860
Single Family
792
Multi-Family
68
Businesses
49
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