2415 Higby RdFrankfortNY13340
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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 Frankfort at 2415 Higby Rd, Frankfort, NY, 13340 generates $0/mo in rent, after a $1,370/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -4.26% in year one, and rental yield is 0% on a $279,900 entry. Equity gained on principal adds $1,806/yr, while 5% annual appreciation builds toward $77,331 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 1985
1.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13340, Frankfort, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,672 (100%) |
| Owner Occupied HU | 2,452 (66.8%) |
| Renter Occupied HU | 850 (23.1%) |
| Vacant Housing Units | 370 (10.1%) |
| Median Home Value | $162,059 |
| Average Home Value | $211,774 |
Housing Distribution
Address Breakdown
Residential
3,317
Single Family
3,262
Multi-Family
55
Businesses
188
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices