1323 Armer RoadRock City FallsNY12863
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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 Rock City Falls at 1323 Armer Road, Rock City Falls, NY, 12863 earns from $3,118/mo rent with a $2,888/mo payment. Total monthly income totals $3,118/mo. ROI tracks 14.98% on current figures, and rental yield reads 6.34% at a $590,000 purchase. Equity gained on principal adds $3,807/yr, and 5% annual appreciation supports $163,006 over five years. Five-year ROI reaches 77.01% and total cumulative return in cash sums $149,476. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,118/mo property income instead of your personal income.
Single Family
Built in 1988
18.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12863, Rock City Falls, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 422 (100%) |
| Owner Occupied HU | 341 (80.8%) |
| Renter Occupied HU | 44 (10.4%) |
| Vacant Housing Units | 37 ( 8.8%) |
| Median Home Value | $407,143 |
| Average Home Value | $410,183 |
Housing Distribution
Address Breakdown
Residential
284
Single Family
284
Multi-Family
0
Businesses
12
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Listed by: Mariah Jones • Find Advisors
Mls Name: Global MLS
Mls Provider:
Mls ID: #202520913
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