1698 Route 97Pond EddyNY12770
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
Investment Highlights
Investment property for sale in Pond Eddy at 1698 Route 97, Pond Eddy, NY, 12770 listed at $275,000 pairs $2,504/mo rent with a $1,346/mo payment to leave $668/mo cash flow. Total monthly income runs $2,504/mo, and annual cash flow reaches $8,011/yr on $91,163 cash to close. Return on cash invested measures 28.7% in year one, and rental yield registers 10.93% at a $275,000 basis. Equity gained on principal adds $1,775/yr, and annual property appreciation at 5% supports $75,977 by year five. Five-year ROI tracks 150.61% and total cumulative return in cash totals $137,303. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,504/mo property income relative to a $1,346/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1968
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12770, Pond Eddy, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 223 (100%) |
| Owner Occupied HU | 74 (33.2%) |
| Renter Occupied HU | 11 ( 4.9%) |
| Vacant Housing Units | 138 (61.9%) |
| Median Home Value | $461,538 |
| Average Home Value | $473,818 |
Housing Distribution
Address Breakdown
Residential
68
Single Family
68
Multi-Family
0
Businesses
4
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices