101 S Main StMiddlevilleNY13406
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 Middleville at 101 S Main St, Middleville, NY, 13406 priced at $169,000 converts $2,082/mo rent into $954/mo cash flow after a $827/mo obligation. Total monthly income equals $2,082/mo, and annual cash flow totals $11,443/yr on $56,024 invested. Return on cash invested prints 40.34% in year one, and rental yield reads 14.78% against a $169,000 entry. Equity gained on principal adds $1,091/yr, while 5% annual appreciation compiles into $46,692 by year five. Five-year ROI reaches 213.03% and total cumulative return in cash sums $119,347. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,082/mo property income covering a $827/mo payment, not borrower’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: 13406, Middleville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 217 (100%) |
| Owner Occupied HU | 178 (82.0%) |
| Renter Occupied HU | 21 ( 9.7%) |
| Vacant Housing Units | 18 ( 8.3%) |
| Median Home Value | $195,833 |
| Average Home Value | $239,593 |
Housing Distribution
Address Breakdown
Residential
177
Single Family
177
Multi-Family
0
Businesses
16
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Delbert Ball • Keller-Williams Mohawk Valley
Mls Name: NYSAMLSs
Mls ID: #S1641032