218 Gristmill LnKeeneNY12942
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Keene at 218 Gristmill Ln, Keene, NY, 12942 with 5% annual appreciation on a $1,295,000 basis while $4,921/mo rent supports operations. 71% in year one. Equity gained on principal adds $8,356/yr, and five-year appreciation sums $357,785 alongside rental yield of 4.56%. Five-year ROI measures 48.72% and total cumulative return in cash totals $204,414. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,921/mo property income versus a $6,338/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1932
23.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12942, Keene, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 587 (100%) |
| Owner Occupied HU | 243 (41.4%) |
| Renter Occupied HU | 53 ( 9.0%) |
| Vacant Housing Units | 291 (49.6%) |
| Median Home Value | $444,595 |
| Average Home Value | $517,922 |
Housing Distribution
Address Breakdown
Residential
185
Single Family
184
Multi-Family
1
Businesses
28
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Todd Townsend • Adirondack Realty Berkshire Hathaway HomeServices
Mls Name: ACVMLS
Mls Provider:
Mls ID: #203961
Disclaimer: Listing data courtesy of the Internet Data Exchange (IDX) Program of the Adirondack Champlain Valley Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information deemed reliable but not guaranteed.