22 Cooley RdParksvilleNY12768
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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 Parksville at 22 Cooley Rd, Parksville, NY, 12768 offers $2,110/mo rent that, after a $1,442/mo payment, leaves $143/mo cash flow. Total monthly income is $2,110/mo, and annual cash flow is $1,712/yr on $97,660 cash. Return on cash invested measures 21.66% in year one, and rental yield stands at 8.59% at a $294,600 entry. Equity gained on principal adds $1,901/yr while 5% annual appreciation compounds into $81,393 by year five. Five-year ROI records 112.88% and total cumulative return in cash reaches $110,240. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,110/mo property income versus a $1,442/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1923
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12768, Parksville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 955 (100%) |
| Owner Occupied HU | 332 (34.8%) |
| Renter Occupied HU | 120 (12.6%) |
| Vacant Housing Units | 503 (52.7%) |
| Median Home Value | $375,652 |
| Average Home Value | $421,378 |
Housing Distribution
Address Breakdown
Residential
486
Single Family
486
Multi-Family
0
Businesses
30
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