24 Cove Road ExtSouth ColtonNY13687
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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 South Colton at 24 Cove Road Ext, South Colton, NY, 13687 at $415,000 posts ROI -4.26% with from $0/mo rent. Total monthly income equals $0/mo. Return on cash invested measures -4.26% and rental yield reads 0% at the current $415,000. Equity gained on principal adds $2,678/yr, and 5% annual appreciation supports $114,657 by year five. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $0/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1980
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13687, South Colton, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 428 (100%) |
| Owner Occupied HU | 182 (42.5%) |
| Renter Occupied HU | 26 ( 6.1%) |
| Vacant Housing Units | 220 (51.4%) |
| Median Home Value | $206,250 |
| Average Home Value | $217,170 |
Housing Distribution
Address Breakdown
Residential
126
Single Family
126
Multi-Family
0
Businesses
10
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No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Donna Bonno • Trego Realty Group, LLC
Mls Name: SLCMLS
Mls Provider:
Mls ID: #51351
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.