2309 County Highway 16DelhiNY13753
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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 Delhi at 2309 County Highway 16, Delhi, NY, 13753 uses $79,229 cash to close to unlock $4,053/yr annual cash flow and $338/mo monthly cash flow. Total monthly income runs $1,934/mo, and a $1,170/mo payment keeps the spread at $338/mo. Purchase price stands at $239,000, and rental yield measures 9.71% with $1,934/mo rent. Return on cash invested shows 25.03% in year one, and 5% annual appreciation builds toward $66,031 over five years. Five-year ROI reaches 130.92% and total cumulative return in cash records $103,728. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,934/mo property income covering a $1,170/mo payment rather than investor’s personal income.
Single Family
Built in 1860
8 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13753, Delhi, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,371 (100%) |
| Owner Occupied HU | 1,354 (57.1%) |
| Renter Occupied HU | 545 (23.0%) |
| Vacant Housing Units | 472 (19.9%) |
| Median Home Value | $291,190 |
| Average Home Value | $371,921 |
Housing Distribution
Address Breakdown
Residential
1,927
Single Family
1,869
Multi-Family
58
Businesses
240
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