20300 County Route 3La 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
Investment property for sale in La Fargeville at 20300 County Route 3, La Fargeville, NY, 13656 listed at $294,900 pairs $721/mo rent with a $1,443/mo payment. Total monthly income runs $721/mo. Return on cash invested measures 4.59% in year one, and rental yield registers 2.93% at a $294,900 basis. Equity gained on principal adds $1,903/yr, and annual property appreciation at 5% supports $81,475 by year five. Five-year ROI tracks 21.37% and total cumulative return in cash totals $20,887. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $721/mo property income relative to a $1,443/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1988
2.75 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: Desiree Roberts • Lake Ontario Realty, LLC
Mls Name: NYSAMLSs
Mls ID: #S1631332