1080 Orchard LnBovina CenterNY13740
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
Rental property for sale in Bovina Center at 1080 Orchard Ln, Bovina Center, NY, 13740 generates $4,679/mo in rent, after a $4,890/mo payment. Total monthly income is $4,679/mo. Return on cash invested sits at 12.47% in year one, and rental yield is 5.62% on a $999,000 entry. Equity gained on principal adds $6,446/yr, while 5% annual appreciation builds toward $276,005 over five years. Five-year ROI reaches 63.7% and total cumulative return in cash sums $209,378. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,679/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
10.60 Acres lot
$N/A/sqft
$1,025 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13740, Bovina Center, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 512 (100%) |
| Owner Occupied HU | 253 (49.4%) |
| Renter Occupied HU | 24 ( 4.7%) |
| Vacant Housing Units | 235 (45.9%) |
| Median Home Value | $386,364 |
| Average Home Value | $474,822 |
Housing Distribution
Address Breakdown
Residential
250
Single Family
250
Multi-Family
0
Businesses
21
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Nearby investment properties with comparable prices
Listed by: Dorothy McArdle • Apple Tree Realty
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #R1551606
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