1406 Route 31AcraNY12405
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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 Acra at 1406 Route 31, Acra, NY, 12405 generates $1,729/mo in rent and, after a $1,223/mo payment, leaves $60/mo in cash flow. Total monthly income is $1,729/mo, and annual cash flow is $724/yr on $82,842 invested. Return on cash invested sits at 20.78% in year one, and rental yield is 8.3% on a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 108.21% and total cumulative return in cash sums $89,642. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,729/mo property income rather than buyer’s personal income.
Manufactured
Built in 1988
1.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12405, Acra, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 313 (100%) |
| Owner Occupied HU | 182 (58.1%) |
| Renter Occupied HU | 60 (19.2%) |
| Vacant Housing Units | 71 (22.7%) |
| Median Home Value | $265,854 |
| Average Home Value | $282,033 |
Housing Distribution
Address Breakdown
Residential
288
Single Family
288
Multi-Family
0
Businesses
11
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