20 Reich Rd.CornwallvilleNY12418
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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 Cornwallville at 20 Reich Rd, Cornwallville, NY, 12418 generates $1,631/mo in rent, after a $1,610/mo payment. Total monthly income is $1,631/mo. Return on cash invested sits at 13.68% in year one, and rental yield is 5.95% on a $329,000 entry. Equity gained on principal adds $2,123/yr, while 5% annual appreciation builds toward $90,897 over five years. Five-year ROI reaches 70.13% and total cumulative return in cash sums $76,485. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,631/mo property income rather than buyer’s personal income.
Single Family
Built in 1969
3.50 Acres lot
$N/A/sqft
No HOA
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Listed by: Dean Pectal • Anne Lafferty Realty
Mls Name: HVCRMLS
Mls ID: #20254197