22 Main StFranklinNY13775
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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 Franklin at 22 Main St, Franklin, NY, 13775 priced at $285,000 pairs $0/mo rent with after a $1,395/mo payment. Total monthly income equals $0/mo. Return on cash invested is -4.27% in year one, and rental yield stands at 0% on a $285,000 basis. Equity gained on principal adds $1,839/yr, and 5% annual appreciation accumulates to $78,740 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $1,395/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1880
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13775, Franklin, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 987 (100%) |
| Owner Occupied HU | 537 (54.4%) |
| Renter Occupied HU | 101 (10.2%) |
| Vacant Housing Units | 349 (35.4%) |
| Median Home Value | $240,179 |
| Average Home Value | $290,410 |
Housing Distribution
Address Breakdown
Residential
671
Single Family
671
Multi-Family
0
Businesses
57
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Rosalie Glauser ABR, GREEN, GRI • Frank Lumia Real Estate Plus!, LLC
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #R1557093
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