10687 Carris RdRipleyNY14775
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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 Ripley at 10687 Carris Rd, Ripley, NY, 14775 earns from $600/mo rent with a $1,224/mo payment. Total monthly income totals $600/mo. ROI tracks 4.42% on current figures, and rental yield reads 2.88% at a $250,000 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 over five years. Five-year ROI reaches 20.47% and total cumulative return in cash sums $16,966. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $600/mo property income instead of your personal income.
Manufactured
Built in 2007
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14775, Ripley, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,269 (100%) |
| Owner Occupied HU | 834 (65.7%) |
| Renter Occupied HU | 190 (15.0%) |
| Vacant Housing Units | 245 (19.3%) |
| Median Home Value | $164,826 |
| Average Home Value | $238,831 |
Housing Distribution
Address Breakdown
Residential
777
Single Family
758
Multi-Family
19
Businesses
47
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