12295 State Highway 23AshlandNY12407
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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 Ashland at 12295 State Highway 23, Ashland, NY, 12407 listed at $460,000 pairs $3,737/mo rent with a $2,251/mo payment to leave $666/mo cash flow. Total monthly income runs $3,737/mo, and annual cash flow reaches $7,988/yr on $152,490 cash to close. Return on cash invested measures 25.15% in year one, and rental yield registers 9.75% at a $460,000 basis. Equity gained on principal adds $2,968/yr, and annual property appreciation at 5% supports $127,090 by year five. Five-year ROI tracks 131.57% and total cumulative return in cash totals $200,629. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,737/mo property income relative to a $2,251/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1951
1.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12407, Ashland, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 84 (100%) |
| Owner Occupied HU | 45 (53.6%) |
| Renter Occupied HU | 11 (13.1%) |
| Vacant Housing Units | 28 (33.3%) |
| Median Home Value | $323,684 |
| Average Home Value | $397,056 |
Housing Distribution
Address Breakdown
Residential
55
Single Family
55
Multi-Family
0
Businesses
21
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