171 Oakgrove Beach RdBentonNY14527
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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 Benton at 171 Oakgrove Beach Rd, Benton, NY, 14527 priced at $375,000 converts $1,979/mo rent into after a $1,835/mo obligation. Total monthly income equals $1,979/mo. Return on cash invested prints 14.84% in year one, and rental yield reads 6.33% against a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation compiles into $103,606 by year five. Five-year ROI reaches 76.34% and total cumulative return in cash sums $94,899. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,979/mo property income covering a $1,835/mo payment, not borrower’s personal income.
Single Family
Built in 1950
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14527, Penn Yan, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,705 (100%) |
| Owner Occupied HU | 3,605 (53.8%) |
| Renter Occupied HU | 1,595 (23.8%) |
| Vacant Housing Units | 1,505 (22.4%) |
| Median Home Value | $226,502 |
| Average Home Value | $360,208 |
Housing Distribution
Address Breakdown
Residential
5,712
Single Family
5,491
Multi-Family
221
Businesses
452
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Listed by: Janet L. Frost • Howard Hanna
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #R1561111
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