8796 State RdColdenNY14033
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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 Colden at 8796 State Rd, Colden, NY, 14033 generates $1,566/mo in rent, after a $1,713/mo payment. Total monthly income is $1,566/mo. Return on cash invested sits at 11.93% in year one, and rental yield is 5.37% on a $349,900 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 60.75% and total cumulative return in cash sums $70,470. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,566/mo property income rather than buyer’s personal income.
Multi Family
Built in 1900
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14033, Colden, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,108 (100%) |
| Owner Occupied HU | 897 (81.0%) |
| Renter Occupied HU | 122 (11.0%) |
| Vacant Housing Units | 89 ( 8.0%) |
| Median Home Value | $385,991 |
| Average Home Value | $413,556 |
Housing Distribution
Address Breakdown
Residential
922
Single Family
922
Multi-Family
0
Businesses
56
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