23 Potter AvenueGranvilleNY12832
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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 Granville at 23 Potter Avenue, Granville, NY, 12832 generates $968/mo in rent and, after a $612/mo payment, leaves $133/mo in cash flow. Total monthly income is $968/mo, and annual cash flow is $1,597/yr on $41,438 invested. Return on cash invested sits at 23.76% in year one, and rental yield is 9.29% on a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 124.28% and total cumulative return in cash sums $51,497. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $968/mo property income rather than buyer’s personal income.
Single Family
Built in 1860
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12832, Granville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,102 (100%) |
| Owner Occupied HU | 2,057 (66.3%) |
| Renter Occupied HU | 657 (21.2%) |
| Vacant Housing Units | 388 (12.5%) |
| Median Home Value | $180,170 |
| Average Home Value | $234,281 |
Housing Distribution
Address Breakdown
Residential
2,781
Single Family
2,740
Multi-Family
41
Businesses
162
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