161 Meade RoadCharlottevilleNY12036
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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 Charlotteville at 161 Meade Road, Charlotteville, NY, 12036 generates $3,412/mo in rent, after a $2,643/mo payment. Total monthly income is $3,412/mo. Return on cash invested sits at 18.75% in year one, and rental yield is 7.58% on a $539,900 entry. Equity gained on principal adds $3,484/yr, while 5% annual appreciation builds toward $149,164 over five years. Five-year ROI reaches 97.26% and total cumulative return in cash sums $172,759. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,412/mo property income rather than buyer’s personal income.
Single Family
Built in 1990
15.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12036, Charlotteville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 143 (100%) |
| Owner Occupied HU | 81 (56.6%) |
| Renter Occupied HU | 8 ( 5.6%) |
| Vacant Housing Units | 54 (37.8%) |
| Median Home Value | $176,389 |
| Average Home Value | $232,130 |
Housing Distribution
Address Breakdown
Residential
87
Single Family
87
Multi-Family
0
Businesses
7
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Listed by: Matthew Loder • Country Boy Realty
Mls Name: Global MLS
Mls ID: #202528015