143 Main StRichmondvilleNY12149
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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 Richmondville at 143 Main St, Richmondville, NY, 12149 priced at $145,000 converts $1,528/mo rent into $559/mo cash flow after a $710/mo obligation. Total monthly income equals $1,528/mo, and annual cash flow totals $6,713/yr on $48,068 invested. Return on cash invested prints 33.87% in year one, and rental yield reads 12.65% against a $145,000 entry. Equity gained on principal adds $936/yr, while 5% annual appreciation compiles into $40,061 by year five. Five-year ROI reaches 178.42% and total cumulative return in cash sums $85,760. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,528/mo property income covering a $710/mo payment, not borrower’s personal income.
Single Family
Built in 1952
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12149, Richmondville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,421 (100%) |
| Owner Occupied HU | 729 (51.3%) |
| Renter Occupied HU | 341 (24.0%) |
| Vacant Housing Units | 351 (24.7%) |
| Median Home Value | $156,689 |
| Average Home Value | $184,482 |
Housing Distribution
Address Breakdown
Residential
709
Single Family
709
Multi-Family
0
Businesses
40
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Listed by: Evelyn Kuhn • Keller Williams Upstate NY Properties
Mls Name: NYSAMLSs
Mls ID: #R1651684