16 Joseph RoadHolmesNY12531
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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 Holmes at 16 Joseph Road, Holmes, NY, 12531 with 5% annual appreciation on a $552,000 basis while $3,600/mo rent supports operations. 49% in year one. Equity gained on principal adds $3,562/yr, and five-year appreciation sums $152,507 alongside rental yield of 7.83%. Five-year ROI measures 101.2% and total cumulative return in cash totals $183,794. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,600/mo property income versus a $2,702/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1960
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12531, Holmes, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,344 (100%) |
| Owner Occupied HU | 988 (73.5%) |
| Renter Occupied HU | 180 (13.4%) |
| Vacant Housing Units | 176 (13.1%) |
| Median Home Value | $477,431 |
| Average Home Value | $571,172 |
Housing Distribution
Address Breakdown
Residential
1,201
Single Family
1,181
Multi-Family
20
Businesses
54
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