117 Spring StreetCraryvilleNY12521
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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 Craryville at 117 Spring Street, Craryville, NY, 12521 with 5% annual appreciation on a $465,000 basis while $3,658/mo rent supports operations. Total monthly income totals $3,658/mo and a $2,276/mo payment preserves $553/mo for cash returns. Annual cash flow comes to $6,633/yr on $154,148 deployed, and return on cash invested reaches 24.21% in year one. Equity gained on principal adds $3,001/yr, and five-year appreciation sums $128,471 alongside rental yield of 9.44%. Five-year ROI measures 126.56% and total cumulative return in cash totals $195,095.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,658/mo property income versus a $2,276/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2003
1.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12521, Craryville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,072 (100%) |
| Owner Occupied HU | 553 (51.6%) |
| Renter Occupied HU | 138 (12.9%) |
| Vacant Housing Units | 381 (35.5%) |
| Median Home Value | $470,635 |
| Average Home Value | $587,120 |
Housing Distribution
Address Breakdown
Residential
816
Single Family
816
Multi-Family
0
Businesses
43
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Listed by: Maria DiSalvo • Coldwell Banker Prime
Mls Name: HVCRMLS
Mls ID: #20253444