19 Foote StreetMinevilleNY12956
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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 Mineville at 19 Foote Street, Mineville, NY, 12956 uses $59,637 cash to close to unlock $2,522/yr annual cash flow and $210/mo monthly cash flow. Total monthly income runs $1,412/mo, and a $881/mo payment keeps the spread at $210/mo. Purchase price stands at $179,900, and rental yield measures 9.42% with $1,412/mo rent. Return on cash invested shows 24.14% in year one, and 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 126.24% and total cumulative return in cash records $75,285. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,412/mo property income covering a $881/mo payment rather than investor’s personal income.
Single Family
Built in 1930
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12956, Mineville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 574 (100%) |
| Owner Occupied HU | 361 (62.9%) |
| Renter Occupied HU | 113 (19.7%) |
| Vacant Housing Units | 100 (17.4%) |
| Median Home Value | $124,167 |
| Average Home Value | $205,533 |
Housing Distribution
Address Breakdown
Residential
397
Single Family
397
Multi-Family
0
Businesses
9
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