26 Chestnut StNew York MillsNY13417
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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 New York Mills at 26 Chestnut St, New York Mills, NY, 13417 earns $706/mo cash flow from $1,607/mo rent with a $660/mo payment. Total monthly income totals $1,607/mo, and annual cash flow totals $8,477/yr on $44,719 capital. ROI tracks 38.87% on current figures, and rental yield reads 14.3% at a $134,900 purchase. Equity gained on principal adds $870/yr, and 5% annual appreciation supports $37,270 over five years. Five-year ROI reaches 205.18% and total cumulative return in cash sums $91,757. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,607/mo property income instead of your personal income.
Single Family
Built in 1950
10,132 sqft 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 |
Housing Distribution
Address Breakdown
Residential
1,705
Single Family
1,420
Multi-Family
285
Businesses
135
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Listed by: Benjamin P. Tringo • Coldwell Banker Faith Properties
Mls Name: NYSAMLSs
Mls ID: #S1658865