103 Florence 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
Investment property for sale in Mayfield at 103 Florence Avenue, Mayfield, NY, 12117 with 5% annual appreciation on a $235,000 basis while $2,338/mo rent supports operations. Total monthly income totals $2,338/mo and a $1,150/mo payment preserves $769/mo for cash returns. Annual cash flow comes to $9,227/yr on $77,903 deployed, and return on cash invested reaches 31.75% in year one. Equity gained on principal adds $1,516/yr, and five-year appreciation sums $64,926 alongside rental yield of 11.94%. Five-year ROI measures 167% and total cumulative return in cash totals $130,096.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,338/mo property income versus a $1,150/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1980
4,791 sqft 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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