2224 Co Rd 23bSouth CairoNY12482
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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
Investment property for sale in South Cairo at 2224 Co Rd 23b, South Cairo, NY, 12482 offers a 0% rental yield on a $665,000 purchase with $0/mo rent. 3% in year one. Equity gained on principal adds $4,291/yr while 5% annual appreciation supports $183,727 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $3,255/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1890
1.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12482, South Cairo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 221 (100%) |
| Owner Occupied HU | 136 (61.5%) |
| Renter Occupied HU | 45 (20.4%) |
| Vacant Housing Units | 40 (18.1%) |
| Median Home Value | $286,364 |
| Average Home Value | $359,504 |
Housing Distribution
Address Breakdown
Residential
247
Single Family
247
Multi-Family
0
Businesses
18
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Listed by: Nicholas Ager • Nicole Vidor Real Estate Inc.
Mls Name: HVCRMLS
Mls Provider:
Mls ID: #20254876
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