170 M Elston RdVan EttenNY14889
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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 Van Etten at 170 M Elston Rd, Van Etten, NY, 14889 priced at $475,900 converts $1,080/mo rent into after a $2,329/mo obligation. Total monthly income equals $1,080/mo. Return on cash invested prints 3.95% in year one, and rental yield reads 2.72% against a $475,900 entry. Equity gained on principal adds $3,071/yr, while 5% annual appreciation compiles into $131,482 by year five. Five-year ROI reaches 17.93% and total cumulative return in cash sums $28,285. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,080/mo property income covering a $2,329/mo payment, not borrower’s personal income.
Single Family
Built in N/A
52.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14889, Van Etten, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 651 (100%) |
| Owner Occupied HU | 460 (70.7%) |
| Renter Occupied HU | 105 (16.1%) |
| Vacant Housing Units | 86 (13.2%) |
| Median Home Value | $156,250 |
| Average Home Value | $174,565 |
Housing Distribution
Address Breakdown
Residential
622
Single Family
610
Multi-Family
12
Businesses
23
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Listed by: Pamela Au • Laurel Management, Inc.
Mls Name: ECMLS
Mls Provider:
Mls ID: #274710
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.