240 Gaddis RdEdwardsNY13635
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe income profile at 240 Gaddis Rd, Edwards, NY, 13635 in Edwards is straightforward: $224,900 in, $1,992/mo in rent, $490/mo out after debt service. The 10.63% gross yield and 1.97 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $62,136 by year five. With $2,071/yr in principal equity, the total cumulative return is projected at $117,327.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 6.2% |
| Monthly Cash Flow | $490 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,992 |
| Total Monthly Debt Service | $1,412 |
| DSCR Ratio | 1.41x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Lot
Built in N/A
134.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13635, Edwards, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 520 (100%) |
| Owner Occupied HU | 314 (60.4%) |
| Renter Occupied HU | 102 (19.6%) |
| Vacant Housing Units | 104 (20.0%) |
| Median Home Value | $122,656 |
| Average Home Value | $161,099 |
Housing Distribution
Address Breakdown
Residential
331
Single Family
307
Multi-Family
24
Businesses
20
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Lot
Built in N/A
134.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13635, Edwards, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 520 (100%) |
| Owner Occupied HU | 314 (60.4%) |
| Renter Occupied HU | 102 (19.6%) |
| Vacant Housing Units | 104 (20.0%) |
| Median Home Value | $122,656 |
| Average Home Value | $161,099 |
Housing Distribution
Address Breakdown
Residential
331
Single Family
307
Multi-Family
24
Businesses
20
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices