249 Shady Hill RdApalachinNY13732
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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 Apalachin at 249 Shady Hill Rd, Apalachin, NY, 13732 priced at $138,000 converts $1,105/mo rent into $184/mo cash flow after a $675/mo obligation. Total monthly income equals $1,105/mo, and annual cash flow totals $2,207/yr on $45,747 invested. Return on cash invested prints 24.73% in year one, and rental yield reads 9.61% against a $138,000 entry. Equity gained on principal adds $890/yr, while 5% annual appreciation compiles into $38,127 by year five. Five-year ROI reaches 129.36% and total cumulative return in cash sums $59,178. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,105/mo property income covering a $675/mo payment, not borrower’s personal income.
Single Family
Built in 1969
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13732, Apalachin, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,138 (100%) |
| Owner Occupied HU | 2,513 (80.1%) |
| Renter Occupied HU | 410 (13.1%) |
| Vacant Housing Units | 215 ( 6.9%) |
| Median Home Value | $194,458 |
| Average Home Value | $240,894 |
Housing Distribution
Address Breakdown
Residential
3,067
Single Family
3,043
Multi-Family
24
Businesses
127
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Listed by: Carrie R. King • NEXTHOME KINGDOM
Mls Name: GBMLS
Mls Provider:
Mls ID: #330828
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.