1015 State Route 990vGilboaNY12076
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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 Gilboa at 1015 State Route 990v, Gilboa, NY, 12076 generates $2,058/mo in rent, after a $1,694/mo payment. Total monthly income is $2,058/mo. Return on cash invested sits at 17.26% in year one, and rental yield is 7.13% on a $346,200 entry. Equity gained on principal adds $2,234/yr, while 5% annual appreciation builds toward $95,649 over five years. Five-year ROI reaches 89.29% and total cumulative return in cash sums $102,477. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,058/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12076, Gilboa, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,314 (100%) |
| Owner Occupied HU | 539 (41.0%) |
| Renter Occupied HU | 55 ( 4.2%) |
| Vacant Housing Units | 720 (54.8%) |
| Median Home Value | $243,952 |
| Average Home Value | $264,147 |
Housing Distribution
Address Breakdown
Residential
739
Single Family
739
Multi-Family
0
Businesses
29
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