1460 Old Route 17RouteNY12776
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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 Route at 1460 Old Route 17, Route, NY, 12776 offers a 13.58% rental yield on a $185,500 purchase with $2,100/mo rent. Total monthly income registers $2,100/mo, and a $908/mo payment leaves $861/mo available for distribution. Annual cash flow reaches $10,334/yr on $61,493 to close, and return on cash invested stands at 36.71% in year one. Equity gained on principal adds $1,197/yr while 5% annual appreciation supports $51,250 over five years. Portfolio math shows five-year ROI at 193.69% and total cumulative return in cash at $119,103. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,100/mo property income against a $908/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
2.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12776, Roscoe, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,072 (100%) |
| Owner Occupied HU | 700 (33.8%) |
| Renter Occupied HU | 206 ( 9.9%) |
| Vacant Housing Units | 1,166 (56.3%) |
| Median Home Value | $330,216 |
| Average Home Value | $391,886 |
Housing Distribution
Address Breakdown
Residential
847
Single Family
847
Multi-Family
0
Businesses
80
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