1703 County Highway 39WorcesterNY12197
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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
Investment property for sale in Worcester at 1703 County Highway 39, Worcester, NY, 12197 uses $107,738 cash to close to unlock $4,685/yr annual cash flow and $390/mo monthly cash flow. Total monthly income runs $2,561/mo, and a $1,591/mo payment keeps the spread at $390/mo. Purchase price stands at $325,000, and rental yield measures 9.46% with $2,561/mo rent. Return on cash invested shows 24.26% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 126.82% and total cumulative return in cash records $136,633. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,561/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Single Family
Built in 1850
3.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12197, Worcester, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,384 (100%) |
| Owner Occupied HU | 796 (57.5%) |
| Renter Occupied HU | 158 (11.4%) |
| Vacant Housing Units | 430 (31.1%) |
| Median Home Value | $177,686 |
| Average Home Value | $223,257 |
Housing Distribution
Address Breakdown
Residential
856
Single Family
856
Multi-Family
0
Businesses
52
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