1694 96th RdEast MeredithNY13757
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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 East Meredith at 1694 96th Rd, East Meredith, NY, 13757 generates $1,200/mo in rent, after a $1,635/mo payment. Total monthly income is $1,200/mo. Return on cash invested sits at 8.74% in year one, and rental yield is 4.31% on a $334,000 entry. Equity gained on principal adds $2,155/yr, while 5% annual appreciation builds toward $92,278 over five years. Five-year ROI reaches 43.6% and total cumulative return in cash sums $48,270. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,200/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
16.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13757, East Meredith, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 897 (100%) |
| Owner Occupied HU | 533 (59.4%) |
| Renter Occupied HU | 114 (12.7%) |
| Vacant Housing Units | 250 (27.9%) |
| Median Home Value | $273,649 |
| Average Home Value | $307,256 |
Housing Distribution
Address Breakdown
Residential
539
Single Family
539
Multi-Family
0
Businesses
7
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Listed by: Kevin Lucero • Charlotteville Realty
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #R1555368
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