243 Main St, New York Mills, NY, 13417 | 6.67% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in New York Mills at 243 Main St, New York Mills, NY, 13417 earns from $3,532/mo rent with a $3,108/mo payment. Total monthly income totals $3,532/mo. ROI tracks 15.99% on current figures, and rental yield reads 6.67% at a $634,999 purchase. Equity gained on principal adds $4,098/yr, and 5% annual appreciation supports $175,439 over five years. Five-year ROI reaches 82.45% and total cumulative return in cash sums $172,256. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,532/mo property income instead of your personal income.

Single Family

Built in 1904

2.91 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 13417, New York Mills, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,663 (100%)
Owner Occupied HU	654 (39.3%)
Renter Occupied HU	839 (50.5%)
Vacant Housing Units	170 (10.2%)
Median Home Value	$172,248
Average Home Value	$199,247