1657 Merihew RdMarathonNY13803
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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 Marathon at 1657 Merihew Rd, Marathon, NY, 13803 priced at $267,400 pairs $2,531/mo rent with $745/mo cash flow after a $1,309/mo payment. Total monthly income equals $2,531/mo, and annual cash flow comes to $8,942/yr on $88,643 invested. Return on cash invested is 30% in year one, and rental yield stands at 11.36% on a $267,400 basis. Equity gained on principal adds $1,725/yr, and 5% annual appreciation accumulates to $73,878 by year five. Five-year ROI measures 157.62% and total cumulative return in cash reaches $139,717. For financing, Ziffy Mortgage’s DSCR program evaluates $2,531/mo property income against a $1,309/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1988
4.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13803, Marathon, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,796 (100%) |
| Owner Occupied HU | 1,243 (69.2%) |
| Renter Occupied HU | 355 (19.8%) |
| Vacant Housing Units | 198 (11.0%) |
| Median Home Value | $173,733 |
| Average Home Value | $228,787 |
Housing Distribution
Address Breakdown
Residential
1,388
Single Family
1,388
Multi-Family
0
Businesses
79
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