18 1st AvenueMayfieldNY12117
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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 Mayfield at 18 1st Avenue, Mayfield, NY, 12117 uses $66,300 cash to close to unlock $1,192/yr annual cash flow and $99/mo monthly cash flow. Total monthly income runs $1,435/mo, and a $979/mo payment keeps the spread at $99/mo. Purchase price stands at $200,000, and rental yield measures 8.61% with $1,435/mo rent. Return on cash invested shows 21.71% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 113.17% and total cumulative return in cash records $75,032. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,435/mo property income covering a $979/mo payment rather than investor’s personal income.
Single Family
Built in 1930
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12117, Mayfield, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,853 (100%) |
| Owner Occupied HU | 1,059 (57.2%) |
| Renter Occupied HU | 228 (12.3%) |
| Vacant Housing Units | 566 (30.5%) |
| Median Home Value | $273,795 |
| Average Home Value | $335,484 |
Housing Distribution
Address Breakdown
Residential
1,297
Single Family
1,297
Multi-Family
0
Businesses
80
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