1040 McKee Hill RoadEast MeredithNY13757
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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 East Meredith at 1040 McKee Hill Road, East Meredith, NY, 13757 generates $1,200/mo in rent, after a $1,757/mo payment. Total monthly income is $1,200/mo. Return on cash invested sits at 7.84% in year one, and rental yield is 4.01% on a $359,000 entry. Equity gained on principal adds $2,317/yr, while 5% annual appreciation builds toward $99,185 over five years. Five-year ROI reaches 38.74% and total cumulative return in cash sums $46,099. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,200/mo property income rather than buyer’s personal income.
Single Family
Built in 2011
43.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13757, East Meredith, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 897 (100%) |
| Owner Occupied HU | 533 (59.4%) |
| Renter Occupied HU | 114 (12.7%) |
| Vacant Housing Units | 250 (27.9%) |
| Median Home Value | $273,649 |
| Average Home Value | $307,256 |
Housing Distribution
Address Breakdown
Residential
539
Single Family
539
Multi-Family
0
Businesses
7
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Listed by: Christy L Dahms • Charlotteville Realty
Mls Name: Global MLS
Mls Provider:
Mls ID: #202427980
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Judy Moriarty, Zillow, Inc., Corp. Broker