1309 Knox Cave RoadDelansonNY12053
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 Delanson at 1309 Knox Cave Road, Delanson, NY, 12053 offers $4,507/mo rent that, after a $2,129/mo payment, leaves $1,602/mo cash flow. Total monthly income is $4,507/mo, and annual cash flow is $19,229/yr on $144,169 cash. Return on cash invested measures 33.25% in year one, and rental yield stands at 12.44% at a $434,900 entry. Equity gained on principal adds $2,806/yr while 5% annual appreciation compounds into $120,155 by year five. Five-year ROI records 175.02% and total cumulative return in cash reaches $252,329. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,507/mo property income versus a $2,129/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12053, Delanson, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,985 (100%) |
| Owner Occupied HU | 1,651 (83.2%) |
| Renter Occupied HU | 193 ( 9.7%) |
| Vacant Housing Units | 141 ( 7.1%) |
| Median Home Value | $307,396 |
| Average Home Value | $317,065 |
Housing Distribution
Address Breakdown
Residential
1,706
Single Family
1,706
Multi-Family
0
Businesses
48
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Listed by: Jonathan DiCesare • Howard Hanna
Mls Name: Global MLS
Mls Provider:
Mls ID: #202423187
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Judy Moriarty, Zillow, Inc., Corp. Broker