18 1st StreetGodeffroyNY12729
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Godeffroy at 18 1st Street, Godeffroy, NY, 12729 priced at $139,000 pairs $1,052/mo rent with $124/mo cash flow after a $680/mo payment. Total monthly income equals $1,052/mo, and annual cash flow comes to $1,489/yr on $46,079 invested. Return on cash invested is 23.14% in year one, and rental yield stands at 9.08% on a $139,000 basis. Equity gained on principal adds $897/yr, and 5% annual appreciation accumulates to $38,403 by year five. Five-year ROI measures 120.91% and total cumulative return in cash reaches $55,712. For financing, Ziffy Mortgage’s DSCR program evaluates $1,052/mo property income against a $680/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1945
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12729, Cuddebackville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 843 (100%) |
| Owner Occupied HU | 520 (61.7%) |
| Renter Occupied HU | 198 (23.5%) |
| Vacant Housing Units | 125 (14.8%) |
| Median Home Value | $293,939 |
| Average Home Value | $441,707 |
Housing Distribution
Address Breakdown
Residential
618
Single Family
617
Multi-Family
1
Businesses
25
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