116 Manor #116CornwallNY12518
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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 Cornwall at 116 Manor #116, Cornwall, NY, 12518 listed at $169,900 pairs $2,335/mo rent with a $832/mo payment to leave $505/mo cash flow. Total monthly income runs $2,335/mo, and annual cash flow reaches $6,060/yr on $56,322 cash to close. Return on cash invested measures 30.67% in year one, and rental yield registers 16.49% at a $169,900 basis. Equity gained on principal adds $1,096/yr, and annual property appreciation at 5% supports $46,940 by year five. Five-year ROI tracks 166.64% and total cumulative return in cash totals $93,854. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,335/mo property income relative to a $832/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1965
N/A lot
$N/A/sqft
$695 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12518, Cornwall, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,731 (100%) |
| Owner Occupied HU | 1,695 (62.1%) |
| Renter Occupied HU | 885 (32.4%) |
| Vacant Housing Units | 151 ( 5.5%) |
| Median Home Value | $482,821 |
| Average Home Value | $545,888 |
Housing Distribution
Address Breakdown
Residential
2,296
Single Family
1,997
Multi-Family
299
Businesses
266
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Listed by: Thomas E. Grazier • I Realty LLC
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #H6334327
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