15 Front StVan EttenNY14889
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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 Van Etten at 15 Front St, Van Etten, NY, 14889 with 5% annual appreciation on a $249,000 basis while $3,455/mo rent supports operations. Total monthly income totals $3,455/mo and a $1,219/mo payment preserves $1,792/mo for cash returns. Annual cash flow comes to $21,503/yr on $82,544 deployed, and return on cash invested reaches 45.96% in year one. Equity gained on principal adds $1,607/yr, and five-year appreciation sums $68,794 alongside rental yield of 16.65%. Five-year ROI measures 243.18% and total cumulative return in cash totals $200,732.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,455/mo property income versus a $1,219/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1870
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14889, Van Etten, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 651 (100%) |
| Owner Occupied HU | 460 (70.7%) |
| Renter Occupied HU | 105 (16.1%) |
| Vacant Housing Units | 86 (13.2%) |
| Median Home Value | $156,250 |
| Average Home Value | $174,565 |
Housing Distribution
Address Breakdown
Residential
622
Single Family
610
Multi-Family
12
Businesses
23
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Listed by: Erin Thomas • Berkshire Hathaway HomeServices Heritage Realty
Mls Name: ITMLS
Mls Provider:
Mls ID: #R1532296
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.