2338 County Road 20West EdmestonNY13485
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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 West Edmeston at 2338 County Road 20, West Edmeston, NY, 13485 listed at $129,000 pairs $974/mo rent with a $631/mo payment to leave $113/mo cash flow. Total monthly income runs $974/mo, and annual cash flow reaches $1,355/yr on $42,764 cash to close. Return on cash invested measures 23.08% in year one, and rental yield registers 9.06% at a $129,000 basis. Equity gained on principal adds $832/yr, and annual property appreciation at 5% supports $35,640 by year five. Five-year ROI tracks 120.47% and total cumulative return in cash totals $51,517. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $974/mo property income relative to a $631/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2002
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13485, West Edmeston, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 644 (100%) |
| Owner Occupied HU | 454 (70.5%) |
| Renter Occupied HU | 86 (13.4%) |
| Vacant Housing Units | 104 (16.1%) |
| Median Home Value | $164,352 |
| Average Home Value | $243,128 |
Housing Distribution
Address Breakdown
Residential
480
Single Family
480
Multi-Family
0
Businesses
9
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Listed by: Kara Posson Reed • KP COUNTRY REAL ESTATE LLC
Mls Name: NY State MLS
Mls ID: #11589228