1595-1645 Route 385AthensNY12015
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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 Athens at 1595-1645 Route 385, Athens, NY, 12015 listed at $1,677,900 pairs $5,492/mo rent with a $8,212/mo payment. Total monthly income runs $5,492/mo. Return on cash invested measures 7.76% in year one, and rental yield registers 3.93% at a $1,677,900 basis. Equity gained on principal adds $10,827/yr, and annual property appreciation at 5% supports $463,573 by year five. Five-year ROI tracks 38.25% and total cumulative return in cash totals $207,953. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,492/mo property income relative to a $8,212/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12015, Athens, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,229 (100%) |
| Owner Occupied HU | 1,314 (59.0%) |
| Renter Occupied HU | 315 (14.1%) |
| Vacant Housing Units | 600 (26.9%) |
| Median Home Value | $322,251 |
| Average Home Value | $391,429 |
Housing Distribution
Address Breakdown
Residential
1,706
Single Family
1,674
Multi-Family
32
Businesses
98
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