2008 Thousand Acres RoadDelansonNY12053
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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 Delanson at 2008 Thousand Acres Road, Delanson, NY, 12053 priced at $499,000 converts $5,183/mo rent into $1,851/mo cash flow after a $2,442/mo obligation. Total monthly income equals $5,183/mo, and annual cash flow totals $22,213/yr on $165,419 invested. Return on cash invested prints 33.34% in year one, and rental yield reads 12.46% against a $499,000 entry. Equity gained on principal adds $3,220/yr, while 5% annual appreciation compiles into $137,865 by year five. Five-year ROI reaches 175.51% and total cumulative return in cash sums $290,322. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,183/mo property income covering a $2,442/mo payment, not borrower’s personal income.
Apartment
Built in 1872
11 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12053, Delanson, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,985 (100%) |
| Owner Occupied HU | 1,651 (83.2%) |
| Renter Occupied HU | 193 ( 9.7%) |
| Vacant Housing Units | 141 ( 7.1%) |
| Median Home Value | $307,396 |
| Average Home Value | $317,065 |
Housing Distribution
Address Breakdown
Residential
1,706
Single Family
1,706
Multi-Family
0
Businesses
48
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Listed by: Patrick Dunn • Core Real Estate Team
Mls Name: Global MLS
Mls Provider:
Mls ID: #202419321
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Judy Moriarty, Zillow, Inc., Corp. Broker