123 Circle DriveNorthvilleNY12134
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Northville at 123 Circle Drive, Northville, NY, 12134 priced at $360,000 converts $2,735/mo rent into $331/mo cash flow after a $1,762/mo obligation. Total monthly income equals $2,735/mo, and annual cash flow totals $3,972/yr on $119,340 invested. Return on cash invested prints 23.24% in year one, and rental yield reads 9.12% against a $360,000 entry. Equity gained on principal adds $2,323/yr, while 5% annual appreciation compiles into $99,461 by year five. Five-year ROI reaches 121.32% and total cumulative return in cash sums $144,777. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,735/mo property income covering a $1,762/mo payment, not borrower’s personal income.
Single Family
Built in 1960
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12134, Northville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,122 (100%) |
| Owner Occupied HU | 1,310 (42.0%) |
| Renter Occupied HU | 324 (10.4%) |
| Vacant Housing Units | 1,488 (47.7%) |
| Median Home Value | $332,301 |
| Average Home Value | $386,294 |
Housing Distribution
Address Breakdown
Residential
1,699
Single Family
1,699
Multi-Family
0
Businesses
117
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Nearby investment properties with comparable prices
Listed by: Amanda Gould • Miuccio Real Estate Group
Mls Name: Global MLS
Mls ID: #202527589