185 Wedemeyer RoadDownsvilleNY13755
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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 Downsville at 185 Wedemeyer Road, Downsville, NY, 13755 offers a 0% rental yield on a $449,000 purchase with $0/mo rent. 27% in year one. Equity gained on principal adds $2,897/yr while 5% annual appreciation supports $124,050 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $2,198/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
4.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13755, Downsville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 862 (100%) |
| Owner Occupied HU | 376 (43.6%) |
| Renter Occupied HU | 88 (10.2%) |
| Vacant Housing Units | 398 (46.2%) |
| Median Home Value | $230,000 |
| Average Home Value | $310,319 |
Housing Distribution
Address Breakdown
Residential
314
Single Family
314
Multi-Family
0
Businesses
49
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No similar rental properties found nearby.
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Listed by: Brian Garber • Land and Water Realty LLC
Mls Name: OneKey MLS
Mls ID: #876685