16 Huntington AveMorrisonvilleNY12962
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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 Morrisonville at 16 Huntington Ave, Morrisonville, NY, 12962 generates $828/mo in rent, after a $1,640/mo payment. Total monthly income is $828/mo. Return on cash invested sits at 4.68% in year one, and rental yield is 2.97% on a $335,000 entry. Equity gained on principal adds $2,162/yr, while 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 21.82% and total cumulative return in cash sums $24,236. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $828/mo property income rather than buyer’s personal income.
Single Family
Built in 2008
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12962, Morrisonville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,372 (100%) |
| Owner Occupied HU | 1,723 (72.6%) |
| Renter Occupied HU | 462 (19.5%) |
| Vacant Housing Units | 187 ( 7.9%) |
| Median Home Value | $248,430 |
| Average Home Value | $265,322 |
Housing Distribution
Address Breakdown
Residential
2,166
Single Family
2,117
Multi-Family
49
Businesses
66
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Listed by: Lindsay Boulerice • LB House To Home Realty
Mls Name: ACVMLS
Mls ID: #206149