1620 County Highway 37FleischmannsNY12430
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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 Fleischmanns at 1620 County Highway 37, Fleischmanns, NY, 12430 listed at $398,000 pairs $2,746/mo rent with a $1,948/mo payment to leave $88/mo cash flow. Total monthly income runs $2,746/mo, and annual cash flow reaches $1,059/yr on $131,937 cash to close. Return on cash invested measures 20.71% in year one, and rental yield registers 8.28% at a $398,000 basis. Equity gained on principal adds $2,568/yr, and annual property appreciation at 5% supports $109,960 by year five. Five-year ROI tracks 107.82% and total cumulative return in cash totals $142,248. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,746/mo property income relative to a $1,948/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
1.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12430, Fleischmanns, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,258 (100%) |
| Owner Occupied HU | 379 (30.1%) |
| Renter Occupied HU | 120 ( 9.5%) |
| Vacant Housing Units | 759 (60.3%) |
| Median Home Value | $399,306 |
| Average Home Value | $423,265 |
Housing Distribution
Address Breakdown
Residential
291
Single Family
291
Multi-Family
0
Businesses
52
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Listed by: Don Blouin • BELLEAYRE REALTY
Mls Name: NY State MLS
Mls ID: #11559129