129 Taft AveFrankfortNY13340
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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 Frankfort at 129 Taft Ave, Frankfort, NY, 13340 priced at $143,000 converts $1,722/mo rent into $767/mo cash flow after a $700/mo obligation. Total monthly income equals $1,722/mo, and annual cash flow totals $9,204/yr on $47,405 invested. Return on cash invested prints 39.32% in year one, and rental yield reads 14.45% against a $143,000 entry. Equity gained on principal adds $923/yr, while 5% annual appreciation compiles into $39,508 by year five. Five-year ROI reaches 207.58% and total cumulative return in cash sums $98,404. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,722/mo property income covering a $700/mo payment, not borrower’s personal income.
Single Family
Built in 1885
8,058 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13340, Frankfort, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,672 (100%) |
| Owner Occupied HU | 2,452 (66.8%) |
| Renter Occupied HU | 850 (23.1%) |
| Vacant Housing Units | 370 (10.1%) |
| Median Home Value | $162,059 |
| Average Home Value | $211,774 |
Housing Distribution
Address Breakdown
Residential
3,317
Single Family
3,262
Multi-Family
55
Businesses
188
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Listed by: Alen Zekic • Assist2Sell Buyers & Sellers 1st Choice
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #S1603476
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