156 Grand StreetSchoharieNY12157
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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 Schoharie at 156 Grand Street, Schoharie, NY, 12157 listed at $119,900 pairs $2,948/mo rent with a $587/mo payment to leave $2,147/mo cash flow. Total monthly income runs $2,948/mo, and annual cash flow reaches $25,766/yr on $39,747 cash to close. Return on cash invested measures 84.73% in year one, and rental yield registers 29.5% at a $119,900 basis. Equity gained on principal adds $774/yr, and annual property appreciation at 5% supports $33,126 by year five. Five-year ROI tracks 451.24% and total cumulative return in cash totals $179,352. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,948/mo property income relative to a $587/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1870
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12157, Schoharie, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,968 (100%) |
| Owner Occupied HU | 1,361 (69.2%) |
| Renter Occupied HU | 402 (20.4%) |
| Vacant Housing Units | 205 (10.4%) |
| Median Home Value | $240,027 |
| Average Home Value | $269,741 |
Housing Distribution
Address Breakdown
Residential
1,570
Single Family
1,570
Multi-Family
0
Businesses
159
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