109 3rd StreetGodeffroyNY12729
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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 Godeffroy at 109 3rd Street, Godeffroy, NY, 12729 listed at $518,000 pairs $3,000/mo rent with a $2,535/mo payment. Total monthly income runs $3,000/mo. Return on cash invested measures 16.83% in year one, and rental yield registers 6.95% at a $518,000 basis. Equity gained on principal adds $3,343/yr, and annual property appreciation at 5% supports $143,114 by year five. Five-year ROI tracks 86.96% and total cumulative return in cash totals $148,207. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,000/mo property income relative to a $2,535/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2005
1.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12729, Cuddebackville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 843 (100%) |
| Owner Occupied HU | 520 (61.7%) |
| Renter Occupied HU | 198 (23.5%) |
| Vacant Housing Units | 125 (14.8%) |
| Median Home Value | $293,939 |
| Average Home Value | $441,707 |
Housing Distribution
Address Breakdown
Residential
618
Single Family
617
Multi-Family
1
Businesses
25
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