248 County Road 1Chenango ForksNY13746
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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 Chenango Forks at 248 County Road 1, Chenango Forks, NY, 13746 generates $0/mo in rent, after a $1,317/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -4.27% in year one, and rental yield is 0% on a $269,000 entry. Equity gained on principal adds $1,736/yr, while 5% annual appreciation builds toward $74,320 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 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13746, Chenango Forks, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,421 (100%) |
| Owner Occupied HU | 1,027 (72.3%) |
| Renter Occupied HU | 178 (12.5%) |
| Vacant Housing Units | 216 (15.2%) |
| Median Home Value | $177,500 |
| Average Home Value | $217,722 |
Housing Distribution
Address Breakdown
Residential
1,113
Single Family
1,113
Multi-Family
0
Businesses
24
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Tonya Williams • HOWARD HANNA
Mls Name: GBMLS
Mls ID: #333988