909 Edgewater DrWestfieldNY14787
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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 Westfield at 909 Edgewater Dr, Westfield, NY, 14787 earns $291/mo cash flow from $1,219/mo rent with a $680/mo payment. Total monthly income totals $1,219/mo, and annual cash flow totals $3,493/yr on $46,079 capital. ROI tracks 27.49% on current figures, and rental yield reads 10.52% at a $139,000 purchase. Equity gained on principal adds $897/yr, and 5% annual appreciation supports $38,403 over five years. Five-year ROI reaches 144.27% and total cumulative return in cash sums $66,476. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,219/mo property income instead of your personal income.
Condo
Built in 1985
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14787, Westfield, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,608 (100%) |
| Owner Occupied HU | 1,550 (59.4%) |
| Renter Occupied HU | 527 (20.2%) |
| Vacant Housing Units | 531 (20.4%) |
| Median Home Value | $158,824 |
| Average Home Value | $193,263 |
Housing Distribution
Address Breakdown
Residential
2,234
Single Family
2,182
Multi-Family
52
Businesses
226
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