12520 Route 62Conewango ValleyNY14726
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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 Conewango Valley at 12520 Route 62, Conewango Valley, NY, 14726 generates $2,898/mo in rent and, after a $604/mo payment, leaves $2,074/mo in cash flow. Total monthly income is $2,898/mo, and annual cash flow is $24,887/yr on $40,907 invested. Return on cash invested sits at 80.75% in year one, and rental yield is 28.18% on a $123,400 entry. Equity gained on principal adds $796/yr, while 5% annual appreciation builds toward $34,093 over five years. Five-year ROI reaches 429.71% and total cumulative return in cash sums $175,783. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,898/mo property income rather than buyer’s personal income.
Single Family
Built in 2014
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14726, Conewango Valley, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 745 (100%) |
| Owner Occupied HU | 517 (69.4%) |
| Renter Occupied HU | 113 (15.2%) |
| Vacant Housing Units | 115 (15.4%) |
| Median Home Value | $161,198 |
| Average Home Value | $218,443 |
Housing Distribution
Address Breakdown
Residential
541
Single Family
541
Multi-Family
0
Businesses
33
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Listed by: Tonya Studley • ERA Team VP Real Estate
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #R1570231
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