2312 Ridge RdFabiusNY13063
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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 Fabius at 2312 Ridge Rd, Fabius, NY, 13063 listed at $250,000 pairs $2,700/mo rent with a $1,224/mo payment to leave $1,030/mo cash flow. Total monthly income runs $2,700/mo, and annual cash flow reaches $12,362/yr on $82,875 cash to close. Return on cash invested measures 34.83% in year one, and rental yield registers 12.96% at a $250,000 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,070 by year five. Five-year ROI tracks 183.53% and total cumulative return in cash totals $152,098. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,700/mo property income relative to a $1,224/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1983
19.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13063, Fabius, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 804 (100%) |
| Owner Occupied HU | 643 (80.0%) |
| Renter Occupied HU | 112 (13.9%) |
| Vacant Housing Units | 49 ( 6.1%) |
| Median Home Value | $253,056 |
| Average Home Value | $275,047 |
Housing Distribution
Address Breakdown
Residential
647
Single Family
647
Multi-Family
0
Businesses
29
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