0 Mellow Way LOT 8Upper JayNY12987
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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 Upper Jay at 0 Mellow Way LOT 8, Upper Jay, NY, 12987 earns $880/mo cash flow from $1,748/mo rent with a $636/mo payment. Total monthly income totals $1,748/mo, and annual cash flow totals $10,562/yr on $43,095 capital. ROI tracks 44.42% on current figures, and rental yield reads 16.14% at a $130,000 purchase. Equity gained on principal adds $839/yr, and 5% annual appreciation supports $35,917 over five years. Five-year ROI reaches 235.02% and total cumulative return in cash sums $101,283. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,748/mo property income instead of your personal income.
Lot
Built in N/A
5.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12987, Upper Jay, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 135 (100%) |
| Owner Occupied HU | 54 (40.0%) |
| Renter Occupied HU | 11 ( 8.1%) |
| Vacant Housing Units | 70 (51.9%) |
| Median Home Value | $233,333 |
| Average Home Value | $340,694 |
Housing Distribution
Address Breakdown
Residential
54
Single Family
54
Multi-Family
0
Businesses
15
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Listed by: Shannon Bombard • B.A. Straight Real Estate
Mls Name: ACVMLS
Mls Provider:
Mls ID: #179114
Disclaimer: Listing data courtesy of the Internet Data Exchange (IDX) Program of the Adirondack Champlain Valley Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information deemed reliable but not guaranteed.