12325 State Highway 23AshlandNY12407
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
Investment property for sale in Ashland at 12325 State Highway 23, Ashland, NY, 12407 offers a 4.01% rental yield on a $699,999 purchase with $2,340/mo rent. 9% in year one. Equity gained on principal adds $4,517/yr while 5% annual appreciation supports $193,397 over five years. Portfolio math shows five-year ROI at 39.04% and total cumulative return in cash at $89,907. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,340/mo property income against a $3,426/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1989
7 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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