1922 State Route 48 St LOT 16FultonNY13069
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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
Rental property for sale in Fulton at 1922 State Route 48 St LOT 16, Fulton, NY, 13069 generates $1,554/mo in rent and, after a $978/mo payment, leaves $220/mo in cash flow. Total monthly income is $1,554/mo, and annual cash flow is $2,634/yr on $66,267 invested. Return on cash invested sits at 23.88% in year one, and rental yield is 9.33% on a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 124.82% and total cumulative return in cash sums $82,717. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,554/mo property income rather than buyer’s personal income.
Manufactured
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13069, Fulton, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,840 (100%) |
| Owner Occupied HU | 6,607 (61.0%) |
| Renter Occupied HU | 3,183 (29.4%) |
| Vacant Housing Units | 1,050 ( 9.7%) |
| Median Home Value | $135,944 |
| Average Home Value | $177,967 |
Housing Distribution
Address Breakdown
Residential
10,038
Single Family
9,470
Multi-Family
568
Businesses
561
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