1158 NYS Route 28NMinervaNY12851
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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 Minerva at 1158 NYS Route 28N, Minerva, NY, 12851 at $499,900 posts ROI 13.38% with from $2,437/mo rent. Total monthly income equals $2,437/mo. Return on cash invested measures 13.38% and rental yield reads 5.85% at the current $499,900. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,113 by year five. Five-year ROI prints 68.49% and total cumulative return in cash totals $113,496. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,437/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1983
100 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12851, Minerva, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 274 (100%) |
| Owner Occupied HU | 113 (41.2%) |
| Renter Occupied HU | 16 ( 5.8%) |
| Vacant Housing Units | 145 (52.9%) |
| Median Home Value | $236,250 |
| Average Home Value | $264,447 |
Housing Distribution
Address Breakdown
Residential
88
Single Family
88
Multi-Family
0
Businesses
16
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Listed by: James D Nester • Cork Nester's True North Prop
Mls Name: Global MLS
Mls Provider:
Mls ID: #202216340
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Judy Moriarty, Zillow, Inc., Corp. Broker