22217 Freedom DrCarthageNY13619
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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 Carthage at 22217 Freedom Dr, Carthage, NY, 13619 generates $2,308/mo in rent, after a $1,908/mo payment. Total monthly income is $2,308/mo. Return on cash invested sits at 17.17% in year one, and rental yield is 7.1% on a $389,900 entry. Equity gained on principal adds $2,516/yr, while 5% annual appreciation builds toward $107,722 over five years. Five-year ROI reaches 88.78% and total cumulative return in cash sums $114,745. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,308/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13619, Carthage, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,342 (100%) |
| Owner Occupied HU | 2,743 (51.3%) |
| Renter Occupied HU | 1,786 (33.4%) |
| Vacant Housing Units | 813 (15.2%) |
| Median Home Value | $202,417 |
| Average Home Value | $239,043 |
Housing Distribution
Address Breakdown
Residential
4,248
Single Family
3,726
Multi-Family
522
Businesses
213
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