229 Gulf Hill RdFreevilleNY13068
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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 Freeville at 229 Gulf Hill Rd, Freeville, NY, 13068 offers $1,447/mo rent that, after a $1,615/mo payment. Total monthly income is $1,447/mo. Return on cash invested measures 11.61% in year one, and rental yield stands at 5.26% at a $330,000 entry. Equity gained on principal adds $2,129/yr while 5% annual appreciation compounds into $91,173 by year five. Five-year ROI records 58.99% and total cumulative return in cash reaches $64,535. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,447/mo property income versus a $1,615/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2009
1.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13068, Freeville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,574 (100%) |
| Owner Occupied HU | 1,636 (63.6%) |
| Renter Occupied HU | 741 (28.8%) |
| Vacant Housing Units | 197 ( 7.7%) |
| Median Home Value | $270,044 |
| Average Home Value | $339,982 |
Housing Distribution
Address Breakdown
Residential
2,247
Single Family
2,173
Multi-Family
74
Businesses
68
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