2402 County Road 7Montour FallsNY14865
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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 Montour Falls at 2402 County Road 7, Montour Falls, NY, 14865 earns from $1,434/mo rent with a $2,398/mo payment. Total monthly income totals $1,434/mo. ROI tracks 6.33% on current figures, and rental yield reads 3.51% at a $489,900 purchase. Equity gained on principal adds $3,161/yr, and 5% annual appreciation supports $135,350 over five years. Five-year ROI reaches 30.68% and total cumulative return in cash sums $49,829. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,434/mo property income instead of your personal income.
Single Family
Built in 2018
4.23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14865, Montour Falls, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,248 (100%) |
| Owner Occupied HU | 732 (58.7%) |
| Renter Occupied HU | 366 (29.3%) |
| Vacant Housing Units | 150 (12.0%) |
| Median Home Value | $155,172 |
| Average Home Value | $199,279 |
Housing Distribution
Address Breakdown
Residential
922
Single Family
854
Multi-Family
68
Businesses
117
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Listed by: Thomas Easton • Howard Hanna Horseheads
Mls Name: NYSAMLSs
Mls ID: #R1636758