1136 County Highway 8MorrisNY13808
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 Morris at 1136 County Highway 8, Morris, NY, 13808 with 5% annual appreciation on a $215,000 basis while $3,749/mo rent supports operations. Total monthly income totals $3,749/mo and a $1,052/mo payment preserves $2,314/mo for cash returns. Annual cash flow comes to $27,763/yr on $71,273 deployed, and return on cash invested reaches 58.86% in year one. Equity gained on principal adds $1,387/yr, and five-year appreciation sums $59,401 alongside rental yield of 20.92%. Five-year ROI measures 312.39% and total cumulative return in cash totals $222,649.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,749/mo property income versus a $1,052/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1981
3.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13808, Morris, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 864 (100%) |
| Owner Occupied HU | 506 (58.6%) |
| Renter Occupied HU | 165 (19.1%) |
| Vacant Housing Units | 193 (22.3%) |
| Median Home Value | $186,047 |
| Average Home Value | $285,810 |
Housing Distribution
Address Breakdown
Residential
493
Single Family
493
Multi-Family
0
Businesses
64
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Listed by: Steven T. Rose • Coldwell Banker Timberland Properties
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #R1550896
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