161-163 Main StAftonNY13730
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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 Afton at 161-163 Main St, Afton, NY, 13730 with 5% annual appreciation on a $105,000 basis while $803/mo rent supports operations. Total monthly income totals $803/mo and a $514/mo payment preserves $102/mo for cash returns. Annual cash flow comes to $1,221/yr on $34,808 deployed, and return on cash invested reaches 23.42% in year one. Equity gained on principal adds $678/yr, and five-year appreciation sums $29,010 alongside rental yield of 9.18%. Five-year ROI measures 122.29% and total cumulative return in cash totals $42,566.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $803/mo property income versus a $514/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1840
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13730, Afton, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,446 (100%) |
| Owner Occupied HU | 906 (62.7%) |
| Renter Occupied HU | 253 (17.5%) |
| Vacant Housing Units | 287 (19.8%) |
| Median Home Value | $165,873 |
| Average Home Value | $230,850 |
Housing Distribution
Address Breakdown
Residential
1,200
Single Family
1,176
Multi-Family
24
Businesses
63
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Listed by: Joshua DeLorme • eXp REALTY
Mls Name: GBMLS
Mls Provider:
Mls ID: #321828
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.