240 Plum Point Rd LOT 17HimrodNY14842
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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 Himrod at 240 Plum Point Rd LOT 17, Himrod, NY, 14842 offers a 0% rental yield on a $254,500 purchase with $0/mo rent. 4% in year one. Equity gained on principal adds $1,642/yr while 5% annual appreciation supports $70,314 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $1,246/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
5,662 sqft lot
$N/A/sqft
$150 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14842, Himrod, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 568 (100%) |
| Owner Occupied HU | 240 (42.3%) |
| Renter Occupied HU | 52 ( 9.2%) |
| Vacant Housing Units | 276 (48.6%) |
| Median Home Value | $193,750 |
| Average Home Value | $348,698 |
Housing Distribution
Address Breakdown
Residential
321
Single Family
321
Multi-Family
0
Businesses
12
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No similar rental properties found nearby.
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Listed by: Danielle M. Clement • Tru Agent Real Estate
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #R1526713
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