2608 State Highway 23South PlymouthNY13844
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 South Plymouth at 2608 State Highway 23, South Plymouth, NY, 13844 at $129,900 posts ROI 48.43% with $1,023/mo cash flow from $1,891/mo rent. Total monthly income equals $1,891/mo, and annual cash flow records $12,280/yr on $43,062 to close. Return on cash invested measures 48.43% and rental yield reads 17.47% at the current $129,900. Equity gained on principal adds $838/yr, and 5% annual appreciation supports $35,889 by year five. Five-year ROI prints 256.5% and total cumulative return in cash totals $110,455.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,891/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Lot
Built in N/A
85.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13844, South Plymouth, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 339 (100%) |
| Owner Occupied HU | 210 (61.9%) |
| Renter Occupied HU | 55 (16.2%) |
| Vacant Housing Units | 74 (21.8%) |
| Median Home Value | $171,296 |
| Average Home Value | $200,893 |
Housing Distribution
Address Breakdown
Residential
266
Single Family
266
Multi-Family
0
Businesses
5
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Nearby investment properties with comparable prices
Listed by: Josh Buell • WHITETAIL PROPERTIES REAL ESTATE LLC (NY)
Mls Name: NY State MLS
Mls ID: #11275425