20199 County Route 181La FargevilleNY13656
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 La Fargeville at 20199 County Route 181, La Fargeville, NY, 13656 uses $76,908 cash to close to unlock $3,627/yr annual cash flow and $302/mo monthly cash flow. Total monthly income runs $1,852/mo, and a $1,136/mo payment keeps the spread at $302/mo. Purchase price stands at $232,000, and rental yield measures 9.58% with $1,852/mo rent. Return on cash invested shows 24.63% in year one, and 5% annual appreciation builds toward $64,097 over five years. Five-year ROI reaches 128.82% and total cumulative return in cash records $99,071. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,852/mo property income covering a $1,136/mo payment rather than investor’s personal income.
Single Family
Built in 1900
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13656, La Fargeville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,175 (100%) |
| Owner Occupied HU | 789 (67.1%) |
| Renter Occupied HU | 171 (14.6%) |
| Vacant Housing Units | 215 (18.3%) |
| Median Home Value | $218,960 |
| Average Home Value | $234,626 |
Housing Distribution
Address Breakdown
Residential
990
Single Family
990
Multi-Family
0
Businesses
32
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Listed by: Joni Bates • Marble Key Realty LLC
Mls Name: NYSAMLSs
Mls ID: #S1617557