15734 State Highway 8MasonvilleNY13838
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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 Masonville at 15734 State Highway 8, Masonville, NY, 13838 generates $960/mo in rent and, after a $695/mo payment, leaves $12/mo in cash flow. Total monthly income is $960/mo, and annual cash flow is $141/yr on $47,073 invested. Return on cash invested sits at 20.21% in year one, and rental yield is 8.11% on a $142,000 entry. Equity gained on principal adds $916/yr, while 5% annual appreciation builds toward $39,232 over five years. Five-year ROI reaches 105.11% and total cumulative return in cash sums $49,478. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $960/mo property income rather than buyer’s personal income.
Manufactured
Built in 1992
0.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13838, Sidney, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,294 (100%) |
| Owner Occupied HU | 1,003 (43.7%) |
| Renter Occupied HU | 869 (37.9%) |
| Vacant Housing Units | 422 (18.4%) |
| Median Home Value | $133,388 |
| Average Home Value | $162,565 |
Housing Distribution
Address Breakdown
Residential
1,932
Single Family
1,815
Multi-Family
117
Businesses
216
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Listed by: Jody Roberts • CARE Brokerage
Mls Name: NYSAMLSs
Mls ID: #R1568829