251 N First StreetNorthvilleNY12134
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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 Northville at 251 N First Street, Northville, NY, 12134 uses $62,952 cash to close to unlock $2,788/yr annual cash flow and $232/mo monthly cash flow. Total monthly income runs $1,500/mo, and a $929/mo payment keeps the spread at $232/mo. Purchase price stands at $189,900, and rental yield measures 9.48% with $1,500/mo rent. Return on cash invested shows 24.34% in year one, and 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 127.27% and total cumulative return in cash records $80,117. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,500/mo property income covering a $929/mo payment rather than investor’s personal income.
Single Family
Built in 1920
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12134, Northville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,122 (100%) |
| Owner Occupied HU | 1,310 (42.0%) |
| Renter Occupied HU | 324 (10.4%) |
| Vacant Housing Units | 1,488 (47.7%) |
| Median Home Value | $332,301 |
| Average Home Value | $386,294 |
Housing Distribution
Address Breakdown
Residential
1,699
Single Family
1,699
Multi-Family
0
Businesses
117
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Listed by: Joanna L Olson • Howard Hanna Capital Inc
Mls Name: Global MLS
Mls ID: #202528703