9 Charles StRedfordNY12978
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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 Redford at 9 Charles St, Redford, NY, 12978 priced at $219,995 pairs $1,549/mo rent with $80/mo cash flow after a $1,077/mo payment. Total monthly income equals $1,549/mo, and annual cash flow comes to $956/yr on $72,928 invested. Return on cash invested is 21.22% in year one, and rental yield stands at 8.45% on a $219,995 basis. Equity gained on principal adds $1,420/yr, and 5% annual appreciation accumulates to $60,781 by year five. Five-year ROI measures 110.52% and total cumulative return in cash reaches $80,602. For financing, Ziffy Mortgage’s DSCR program evaluates $1,549/mo property income against a $1,077/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1860
0.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12978, Redford, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 180 (100%) |
| Owner Occupied HU | 137 (76.1%) |
| Renter Occupied HU | 17 ( 9.4%) |
| Vacant Housing Units | 26 (14.4%) |
| Median Home Value | $144,167 |
| Average Home Value | $164,562 |
Housing Distribution
Address Breakdown
Residential
110
Single Family
110
Multi-Family
0
Businesses
6
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