1 Mill StClark MillsNY13321
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Clark Mills at 1 Mill St, Clark Mills, NY, 13321 priced at $164,900 pairs $1,620/mo rent with $519/mo cash flow after a $807/mo payment. Total monthly income equals $1,620/mo, and annual cash flow comes to $6,227/yr on $54,664 invested. Return on cash invested is 31.3% in year one, and rental yield stands at 11.79% on a $164,900 basis. Equity gained on principal adds $1,064/yr, and 5% annual appreciation accumulates to $45,559 by year five. Five-year ROI measures 164.56% and total cumulative return in cash reaches $89,956. For financing, Ziffy Mortgage’s DSCR program evaluates $1,620/mo property income against a $807/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1993
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13321, Clark Mills, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 404 (100%) |
| Owner Occupied HU | 188 (46.5%) |
| Renter Occupied HU | 185 (45.8%) |
| Vacant Housing Units | 31 ( 7.7%) |
| Median Home Value | $100,000 |
| Average Home Value | $158,936 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
36
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Nearby investment properties with comparable prices
Listed by: Joseph Lisowski • Howard Hanna Real Estate
Mls Name: NYSAMLSs
Mls ID: #S1649866