141 Dennison RdRichfield SpringsNY13439
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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 Richfield Springs at 141 Dennison Rd, Richfield Springs, NY, 13439 offers $2,279/mo rent that, after a $1,708/mo payment. Total monthly income is $2,279/mo. Return on cash invested measures 19.38% in year one, and rental yield stands at 7.84% at a $349,000 entry. Equity gained on principal adds $2,252/yr while 5% annual appreciation compounds into $96,422 by year five. Five-year ROI records 100.63% and total cumulative return in cash reaches $116,424. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,279/mo property income versus a $1,708/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13439, Richfield Springs, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,320 (100%) |
| Owner Occupied HU | 1,222 (52.7%) |
| Renter Occupied HU | 354 (15.3%) |
| Vacant Housing Units | 744 (32.1%) |
| Median Home Value | $212,587 |
| Average Home Value | $290,252 |
Housing Distribution
Address Breakdown
Residential
1,223
Single Family
1,199
Multi-Family
24
Businesses
108
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Listed by: Delbert Ball • Keller-Williams Mohawk Valley
Mls Name: NYSAMLSs
Mls ID: #S1648149