1067 State Highway 334FondaNY12068
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Fonda at 1067 State Highway 334, Fonda, NY, 12068 offers a 8.08% rental yield on a $227,500 purchase with $1,532/mo rent. Total monthly income registers $1,532/mo, and a $1,114/mo payment leaves $13/mo available for distribution. Annual cash flow reaches $159/yr on $75,416 to close, and return on cash invested stands at 20.12% in year one. Equity gained on principal adds $1,468/yr while 5% annual appreciation supports $62,854 over five years. Portfolio math shows five-year ROI at 104.67% and total cumulative return in cash at $78,938. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,532/mo property income against a $1,114/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12068, Fonda, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,404 (100%) |
| Owner Occupied HU | 1,017 (72.4%) |
| Renter Occupied HU | 242 (17.2%) |
| Vacant Housing Units | 145 (10.3%) |
| Median Home Value | $205,962 |
| Average Home Value | $219,705 |
Housing Distribution
Address Breakdown
Residential
982
Single Family
958
Multi-Family
24
Businesses
80
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Nearby investment properties with comparable prices
Listed by: Eric L Frasier • Coldwell Banker Prime Properties
Mls Name: Global MLS
Mls Provider:
Mls ID: #202515092
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