1963 Reservoir RdCassvilleNY13318
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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 Cassville at 1963 Reservoir Rd, Cassville, NY, 13318 uses $92,427 cash to close to unlock $6,945/yr annual cash flow and $579/mo monthly cash flow. Total monthly income runs $2,441/mo, and a $1,365/mo payment keeps the spread at $579/mo. Purchase price stands at $278,814, and rental yield measures 10.51% with $2,441/mo rent. Return on cash invested shows 27.42% in year one, and 5% annual appreciation builds toward $77,031 over five years. Five-year ROI reaches 143.77% and total cumulative return in cash records $132,884. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,441/mo property income covering a $1,365/mo payment rather than investor’s personal income.
Single Family
Built in 1840
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13318, Cassville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 519 (100%) |
| Owner Occupied HU | 375 (72.3%) |
| Renter Occupied HU | 93 (17.9%) |
| Vacant Housing Units | 51 ( 9.8%) |
| Median Home Value | $176,563 |
| Average Home Value | $211,440 |
Housing Distribution
Address Breakdown
Residential
478
Single Family
478
Multi-Family
0
Businesses
14
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