206 Joy RdNorfolkNY13667
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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 Norfolk at 206 Joy Rd, Norfolk, NY, 13667 uses $39,747 cash to close to unlock $1,610/yr annual cash flow and $134/mo monthly cash flow. Total monthly income runs $935/mo, and a $587/mo payment keeps the spread at $134/mo. Purchase price stands at $119,900, and rental yield measures 9.36% with $935/mo rent. Return on cash invested shows 23.96% in year one, and 5% annual appreciation builds toward $33,126 over five years. Five-year ROI reaches 125.35% and total cumulative return in cash records $49,824. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $935/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 2022
1.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13667, Norfolk, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,654 (100%) |
| Owner Occupied HU | 1,087 (65.7%) |
| Renter Occupied HU | 374 (22.6%) |
| Vacant Housing Units | 193 (11.7%) |
| Median Home Value | $150,242 |
| Average Home Value | $207,608 |
Housing Distribution
Address Breakdown
Residential
1,236
Single Family
1,182
Multi-Family
54
Businesses
52
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