102 Roberts StreetRichmondvilleNY12149
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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 Richmondville at 102 Roberts Street, Richmondville, NY, 12149 priced at $229,900 converts $1,646/mo rent into $111/mo cash flow after a $1,125/mo obligation. Total monthly income equals $1,646/mo, and annual cash flow totals $1,332/yr on $76,212 invested. Return on cash invested prints 21.66% in year one, and rental yield reads 8.59% against a $229,900 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation compiles into $63,517 by year five. Five-year ROI reaches 112.93% and total cumulative return in cash sums $86,063. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,646/mo property income covering a $1,125/mo payment, not borrower’s personal income.
Single Family
Built in 1970
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12149, Richmondville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,421 (100%) |
| Owner Occupied HU | 729 (51.3%) |
| Renter Occupied HU | 341 (24.0%) |
| Vacant Housing Units | 351 (24.7%) |
| Median Home Value | $156,689 |
| Average Home Value | $184,482 |
Housing Distribution
Address Breakdown
Residential
709
Single Family
709
Multi-Family
0
Businesses
40
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Listed by: Matthew Loder • Country Boy Realty
Mls Name: Global MLS
Mls ID: #202525737