1074 Charlotte Valley RoadSummitNY12175
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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 Summit at 1074 Charlotte Valley Road, Summit, NY, 12175 listed at $399,000 pairs $2,652/mo rent with a $1,953/mo payment. Total monthly income runs $2,652/mo. Return on cash invested measures 19.8% in year one, and rental yield registers 7.98% at a $399,000 basis. Equity gained on principal adds $2,575/yr, and annual property appreciation at 5% supports $110,236 by year five. Five-year ROI tracks 102.88% and total cumulative return in cash totals $136,082. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,652/mo property income relative to a $1,953/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1990
5.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12175, Summit, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 513 (100%) |
| Owner Occupied HU | 235 (45.8%) |
| Renter Occupied HU | 38 ( 7.4%) |
| Vacant Housing Units | 240 (46.8%) |
| Median Home Value | $181,250 |
| Average Home Value | $251,755 |
Housing Distribution
Address Breakdown
Residential
222
Single Family
222
Multi-Family
0
Businesses
7
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