106 County Highway 38East WorcesterNY12064
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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 East Worcester at 106 County Highway 38, East Worcester, NY, 12064 offers a 9.35% rental yield on a $149,000 purchase with $1,161/mo rent. Total monthly income registers $1,161/mo, and a $729/mo payment leaves $166/mo available for distribution. Annual cash flow reaches $1,995/yr on $49,394 to close, and return on cash invested stands at 23.95% in year one. Equity gained on principal adds $961/yr while 5% annual appreciation supports $41,166 over five years. Portfolio math shows five-year ROI at 125.22% and total cumulative return in cash at $61,852. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,161/mo property income against a $729/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12064, East Worcester, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 248 (100%) |
| Owner Occupied HU | 129 (52.0%) |
| Renter Occupied HU | 46 (18.5%) |
| Vacant Housing Units | 73 (29.4%) |
| Median Home Value | $175,893 |
| Average Home Value | $237,694 |
Housing Distribution
Address Breakdown
Residential
157
Single Family
157
Multi-Family
0
Businesses
15
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Listed by: Stacey L. Camilleri • Keller Williams Upstate NY Properties
Mls Name: NYSAMLSs
Mls ID: #R1657919