253 Norrisville RdSchuyler FallsNY12985
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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 Schuyler Falls at 253 Norrisville Rd, Schuyler Falls, NY, 12985 priced at $299,900 converts $2,094/mo rent into $91/mo cash flow after a $1,468/mo obligation. Total monthly income equals $2,094/mo, and annual cash flow totals $1,094/yr on $99,417 invested. Return on cash invested prints 21.01% in year one, and rental yield reads 8.38% against a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation compiles into $82,857 by year five. Five-year ROI reaches 109.42% and total cumulative return in cash sums $108,784. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,094/mo property income covering a $1,468/mo payment, not borrower’s personal income.
Single Family
Built in 1996
5.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12985, Schuyler Falls, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 561 (100%) |
| Owner Occupied HU | 399 (71.1%) |
| Renter Occupied HU | 56 ( 10.0%) |
| Vacant Housing Units | 106 (18.9%) |
| Median Home Value | $270,455 |
| Average Home Value | $300,226 |
Housing Distribution
Address Breakdown
Residential
361
Single Family
361
Multi-Family
0
Businesses
8
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Listed by: Heather Courneene • Donald Duley & Associates
Mls Name: ACVMLS
Mls Provider:
Mls ID: #203804
Disclaimer: Listing data courtesy of the Internet Data Exchange (IDX) Program of the Adirondack Champlain Valley Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information deemed reliable but not guaranteed.