1660 Main StreetPattersonvilleNY12137
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 1660 Main Street, Pattersonville, NY, 12137 in Pattersonville: $2,845/mo in rent, $1,276/mo net, 14.53% gross yield, all on a $235,000 acquisition. The 2.69 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $64,926 in value, and $2,164/yr in principal paydown steadily builds equity. Projected total cumulative return: $171,692.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 14.5% | 6.2% |
| Monthly Cash Flow | $1,276 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,845 |
| Total Monthly Debt Service | $1,476 |
| DSCR Ratio | 1.93x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1945
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12137, Pattersonville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 807 (100%) |
| Owner Occupied HU | 649 (80.4%) |
| Renter Occupied HU | 81 (10.0%) |
| Vacant Housing Units | 77 ( 9.5%) |
| Median Home Value | $322,011 |
| Average Home Value | $365,135 |
Housing Distribution
Address Breakdown
Residential
720
Single Family
720
Multi-Family
0
Businesses
16
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1945
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12137, Pattersonville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 807 (100%) |
| Owner Occupied HU | 649 (80.4%) |
| Renter Occupied HU | 81 (10.0%) |
| Vacant Housing Units | 77 ( 9.5%) |
| Median Home Value | $322,011 |
| Average Home Value | $365,135 |
Housing Distribution
Address Breakdown
Residential
720
Single Family
720
Multi-Family
0
Businesses
16
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices