183 Blanche RdMerrillNY12955
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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 Merrill at 183 Blanche Rd, Merrill, NY, 12955 with 5% annual appreciation on a $102,000 basis while $811/mo rent supports operations. Total monthly income totals $811/mo and a $499/mo payment preserves $130/mo for cash returns. Annual cash flow comes to $1,561/yr on $33,813 deployed, and return on cash invested reaches 24.53% in year one. Equity gained on principal adds $658/yr, and five-year appreciation sums $28,181 alongside rental yield of 9.54%. Five-year ROI measures 128.39% and total cumulative return in cash totals $43,412.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $811/mo property income versus a $499/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1920
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12955, Lyon Mountain, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 367 (100%) |
| Owner Occupied HU | 143 (39.0%) |
| Renter Occupied HU | 32 ( 8.7%) |
| Vacant Housing Units | 192 (52.3%) |
| Median Home Value | $232,895 |
| Average Home Value | $280,297 |
Housing Distribution
Address Breakdown
Residential
223
Single Family
223
Multi-Family
0
Businesses
4
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