2021 County Highway 22Richfield SpringsNY13439
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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 Richfield Springs at 2021 County Highway 22, Richfield Springs, NY, 13439 earns $512/mo cash flow from $2,508/mo rent with a $1,463/mo payment. Total monthly income totals $2,508/mo, and annual cash flow totals $6,141/yr on $99,119 capital. ROI tracks 26.1% on current figures, and rental yield reads 10.07% at a $299,000 purchase. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,608 over five years. Five-year ROI reaches 136.72% and total cumulative return in cash sums $135,514. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,508/mo property income instead of your personal income.
Single Family
Built in 1966
1.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13439, Richfield Springs, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,320 (100%) |
| Owner Occupied HU | 1,222 (52.7%) |
| Renter Occupied HU | 354 (15.3%) |
| Vacant Housing Units | 744 (32.1%) |
| Median Home Value | $212,587 |
| Average Home Value | $290,252 |
Housing Distribution
Address Breakdown
Residential
1,223
Single Family
1,199
Multi-Family
24
Businesses
108
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Listed by: Mike Burns • Stack-Page Properties
Mls Name: NY State MLS
Mls ID: #11420076