1 2nd AvenueMayfieldNY12117
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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 Mayfield at 1 2nd Avenue, Mayfield, NY, 12117 generates $1,371/mo in rent and, after a $869/mo payment, leaves $185/mo in cash flow. Total monthly income is $1,371/mo, and annual cash flow is $2,226/yr on $58,841 invested. Return on cash invested sits at 23.69% in year one, and rental yield is 9.27% on a $177,500 entry. Equity gained on principal adds $1,145/yr, while 5% annual appreciation builds toward $49,040 over five years. Five-year ROI reaches 123.81% and total cumulative return in cash sums $72,852. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,371/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12117, Mayfield, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,853 (100%) |
| Owner Occupied HU | 1,059 (57.2%) |
| Renter Occupied HU | 228 (12.3%) |
| Vacant Housing Units | 566 (30.5%) |
| Median Home Value | $273,795 |
| Average Home Value | $335,484 |
Housing Distribution
Address Breakdown
Residential
1,297
Single Family
1,297
Multi-Family
0
Businesses
80
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