1734 State Route 48FultonNY13069
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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 Fulton at 1734 State Route 48, Fulton, NY, 13069 offers a 11.17% rental yield on a $234,900 purchase with $2,186/mo rent. Total monthly income registers $2,186/mo, and a $1,150/mo payment leaves $617/mo available for distribution. Annual cash flow reaches $7,405/yr on $77,869 to close, and return on cash invested stands at 29.42% in year one. Equity gained on principal adds $1,516/yr while 5% annual appreciation supports $64,899 over five years. Portfolio math shows five-year ROI at 154.55% and total cumulative return in cash at $120,345. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,186/mo property income against a $1,150/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13069, Fulton, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,840 (100%) |
| Owner Occupied HU | 6,607 (61.0%) |
| Renter Occupied HU | 3,183 (29.4%) |
| Vacant Housing Units | 1,050 ( 9.7%) |
| Median Home Value | $135,944 |
| Average Home Value | $177,967 |
Housing Distribution
Address Breakdown
Residential
10,038
Single Family
9,470
Multi-Family
568
Businesses
561
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