1742 County Highway 22Richfield SpringsNY13439
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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 Richfield Springs at 1742 County Highway 22, Richfield Springs, NY, 13439 listed at $260,000 pairs $4,140/mo rent with a $1,273/mo payment to leave $2,403/mo cash flow. Total monthly income runs $4,140/mo, and annual cash flow reaches $28,840/yr on $86,190 cash to close. Return on cash invested measures 53.37% in year one, and rental yield registers 19.11% at a $260,000 basis. Equity gained on principal adds $1,678/yr, and annual property appreciation at 5% supports $71,833 by year five. Five-year ROI tracks 282.96% and total cumulative return in cash totals $243,881. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,140/mo property income relative to a $1,273/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1840
8.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13439, Richfield Springs, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,320 (100%) |
| Owner Occupied HU | 1,222 (52.7%) |
| Renter Occupied HU | 354 (15.3%) |
| Vacant Housing Units | 744 (32.1%) |
| Median Home Value | $212,587 |
| Average Home Value | $290,252 |
Housing Distribution
Address Breakdown
Residential
1,223
Single Family
1,199
Multi-Family
24
Businesses
108
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Listed by: Nancy Angerer • LAMB REALTY
Mls Name: NY State MLS
Mls ID: #11196899