229 W State StDolgevilleNY13329
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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 Dolgeville at 229 W State St, Dolgeville, NY, 13329 offers $1,618/mo rent that, after a $1,664/mo payment. Total monthly income is $1,618/mo. Return on cash invested measures 12.96% in year one, and rental yield stands at 5.71% at a $340,000 entry. Equity gained on principal adds $2,194/yr while 5% annual appreciation compounds into $93,936 by year five. Five-year ROI records 66.25% and total cumulative return in cash reaches $74,670. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,618/mo property income versus a $1,664/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
21.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13329, Dolgeville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,952 (100%) |
| Owner Occupied HU | 1,167 (59.8%) |
| Renter Occupied HU | 443 (22.7%) |
| Vacant Housing Units | 342 (17.5%) |
| Median Home Value | $128,656 |
| Average Home Value | $164,439 |
Housing Distribution
Address Breakdown
Residential
1,585
Single Family
1,541
Multi-Family
44
Businesses
110
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Listed by: Sharon Baisley • UNITED COUNTRY REAL ESTATE
Mls Name: NY State MLS
Mls ID: #11336255