156 Mill StCohoctonNY14826
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Nearby investment properties with comparable prices
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 Cohocton at 156 Mill St, Cohocton, NY, 14826 at $292,000 posts ROI 21.62% with $138/mo cash flow from $2,088/mo rent. Total monthly income equals $2,088/mo, and annual cash flow records $1,659/yr on $96,798 to close. Return on cash invested measures 21.62% and rental yield reads 8.58% at the current $292,000. Equity gained on principal adds $1,884/yr, and 5% annual appreciation supports $80,674 by year five. Five-year ROI prints 112.71% and total cumulative return in cash totals $109,100.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,088/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1920
1.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14826, Cohocton, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,107 (100%) |
| Owner Occupied HU | 735 (66.4%) |
| Renter Occupied HU | 144 (13.0%) |
| Vacant Housing Units | 228 (20.6%) |
| Median Home Value | $120,964 |
| Average Home Value | $167,844 |
Housing Distribution
Address Breakdown
Residential
845
Single Family
845
Multi-Family
0
Businesses
36
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