1242 Forest Hill RdApalachinNY13732
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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 Apalachin at 1242 Forest Hill Rd, Apalachin, NY, 13732 listed at $325,000 pairs $1,350/mo rent with a $1,591/mo payment. Total monthly income runs $1,350/mo. Return on cash invested measures 10.77% in year one, and rental yield registers 4.98% at a $325,000 basis. Equity gained on principal adds $2,097/yr, and annual property appreciation at 5% supports $89,792 by year five. Five-year ROI tracks 54.49% and total cumulative return in cash totals $58,705. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,350/mo property income relative to a $1,591/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
4.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13732, Apalachin, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,138 (100%) |
| Owner Occupied HU | 2,513 (80.1%) |
| Renter Occupied HU | 410 (13.1%) |
| Vacant Housing Units | 215 ( 6.9%) |
| Median Home Value | $194,458 |
| Average Home Value | $240,894 |
Housing Distribution
Address Breakdown
Residential
3,067
Single Family
3,043
Multi-Family
24
Businesses
127
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Listed by: Carrie R. King • NEXTHOME KINGDOM
Mls Name: GBMLS
Mls Provider:
Mls ID: #329868
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