120 Dewey RdMexicoNY13114
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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 Mexico at 120 Dewey Rd, Mexico, NY, 13114 priced at $100,000 converts $2,388/mo rent into $1,721/mo cash flow after a $489/mo obligation. Total monthly income equals $2,388/mo, and annual cash flow totals $20,648/yr on $33,150 invested. Return on cash invested prints 82.2% in year one, and rental yield reads 28.66% against a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation compiles into $27,628 by year five. Five-year ROI reaches 437.55% and total cumulative return in cash sums $145,048. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,388/mo property income covering a $489/mo payment, not borrower’s personal income.
Single Family
Built in 1890
3.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13114, Mexico, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,188 (100%) |
| Owner Occupied HU | 2,192 (68.8%) |
| Renter Occupied HU | 540 (16.9%) |
| Vacant Housing Units | 456 (14.3%) |
| Median Home Value | $182,785 |
| Average Home Value | $227,645 |
Housing Distribution
Address Breakdown
Residential
2,391
Single Family
2,324
Multi-Family
67
Businesses
126
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Listed by: Tennille M Thacker • Intuitive Realty
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #S1557368
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