115 Rivermist DrFultonNY13069
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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
Rental property for sale in Fulton at 115 Rivermist Dr, Fulton, NY, 13069 priced at $210,000 converts $1,461/mo rent into $59/mo cash flow after a $1,028/mo obligation. Total monthly income equals $1,461/mo, and annual cash flow totals $702/yr on $69,615 invested. Return on cash invested prints 20.92% in year one, and rental yield reads 8.35% against a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation compiles into $58,019 by year five. Five-year ROI reaches 108.93% and total cumulative return in cash sums $75,832. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,461/mo property income covering a $1,028/mo payment, not borrower’s personal income.
Single Family
Built in 1952
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13069, Fulton, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,840 (100%) |
| Owner Occupied HU | 6,607 (61.0%) |
| Renter Occupied HU | 3,183 (29.4%) |
| Vacant Housing Units | 1,050 ( 9.7%) |
| Median Home Value | $135,944 |
| Average Home Value | $177,967 |
Housing Distribution
Address Breakdown
Residential
10,038
Single Family
9,470
Multi-Family
568
Businesses
561
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