20201 Ford RdLa FargevilleNY13656
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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 La Fargeville at 20201 Ford Rd, La Fargeville, NY, 13656 generates $1,223/mo in rent and, after a $778/mo payment, leaves $161/mo in cash flow. Total monthly income is $1,223/mo, and annual cash flow is $1,937/yr on $52,709 invested. Return on cash invested sits at 23.58% in year one, and rental yield is 9.23% on a $159,000 entry. Equity gained on principal adds $1,026/yr, while 5% annual appreciation builds toward $43,929 over five years. Five-year ROI reaches 123.24% and total cumulative return in cash sums $64,956. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,223/mo property income rather than buyer’s personal income.
Manufactured
Built in 1974
3.25 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: Brandie Beebe • Staie on the Seaway Real Estate Services RES, LLC.
Mls Name: NYSAMLSs
Mls ID: #S1649387