9772 Fargo RdCorfuNY14036
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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 Corfu at 9772 Fargo Rd, Corfu, NY, 14036 generates $2,218/mo in rent and, after a $1,538/mo payment, leaves $120/mo in cash flow. Total monthly income is $2,218/mo, and annual cash flow is $1,434/yr on $104,190 invested. Return on cash invested sits at 21.29% in year one, and rental yield is 8.47% on a $314,300 entry. Equity gained on principal adds $2,028/yr, while 5% annual appreciation builds toward $86,835 over five years. Five-year ROI reaches 110.88% and total cumulative return in cash sums $115,525. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,218/mo property income rather than buyer’s personal income.
Single Family
Built in 1979
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14036, Corfu, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,218 (100%) |
| Owner Occupied HU | 1,710 (77.1%) |
| Renter Occupied HU | 391 (17.6%) |
| Vacant Housing Units | 117 ( 5.3%) |
| Median Home Value | $218,065 |
| Average Home Value | $244,104 |
Housing Distribution
Address Breakdown
Residential
1,857
Single Family
1,835
Multi-Family
22
Businesses
97
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