2369 Maricle RdCincinnatusNY13040
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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 Cincinnatus at 2369 Maricle Rd, Cincinnatus, NY, 13040 priced at $219,900 converts $0/mo rent into after a $1,076/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -4.26% in year one, and rental yield reads 0% against a $219,900 entry. Equity gained on principal adds $1,419/yr, while 5% annual appreciation compiles into $60,754 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $1,076/mo payment, not borrower’s personal income.
Single Family
Built in 1980
8.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13040, Cincinnatus, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,376 (100%) |
| Owner Occupied HU | 898 (65.3%) |
| Renter Occupied HU | 195 (14.2%) |
| Vacant Housing Units | 283 (20.6%) |
| Median Home Value | $188,415 |
| Average Home Value | $250,061 |
Housing Distribution
Address Breakdown
Residential
1,088
Single Family
1,088
Multi-Family
0
Businesses
38
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Philip Henry • SVR Realty LLC
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #S1578084
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