21 Griffin DrApalachinNY13732
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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 Apalachin at 21 Griffin Dr, Apalachin, NY, 13732 offers $1,853/mo rent that, after a $901/mo payment, leaves $624/mo cash flow. Total monthly income is $1,853/mo, and annual cash flow is $7,486/yr on $60,996 cash. Return on cash invested measures 32.18% in year one, and rental yield stands at 12.08% at a $184,000 entry. Equity gained on principal adds $1,187/yr while 5% annual appreciation compounds into $50,836 by year five. Five-year ROI records 169.29% and total cumulative return in cash reaches $103,261. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,853/mo property income versus a $901/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13732, Apalachin, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,138 (100%) |
| Owner Occupied HU | 2,513 (80.1%) |
| Renter Occupied HU | 410 (13.1%) |
| Vacant Housing Units | 215 ( 6.9%) |
| Median Home Value | $194,458 |
| Average Home Value | $240,894 |
Housing Distribution
Address Breakdown
Residential
3,067
Single Family
3,043
Multi-Family
24
Businesses
127
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Listed by: Judy A Long • CENTURY 21 NORTH EAST
Mls Name: GBMLS
Mls Provider:
Mls ID: #331134
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.