265 Champlin RdGrotonNY13073
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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 Groton at 265 Champlin Rd, Groton, NY, 13073 priced at $232,500 converts $1,591/mo rent into $38/mo cash flow after a $1,138/mo obligation. Total monthly income equals $1,591/mo, and annual cash flow totals $461/yr on $77,074 invested. Return on cash invested prints 20.51% in year one, and rental yield reads 8.21% against a $232,500 entry. Equity gained on principal adds $1,500/yr, while 5% annual appreciation compiles into $64,235 by year five. Five-year ROI reaches 106.73% and total cumulative return in cash sums $82,260. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,591/mo property income covering a $1,138/mo payment, not borrower’s personal income.
Single Family
Built in 1865
0.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13073, Groton, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,689 (100%) |
| Owner Occupied HU | 1,877 (69.8%) |
| Renter Occupied HU | 640 (23.8%) |
| Vacant Housing Units | 172 ( 6.4%) |
| Median Home Value | $173,950 |
| Average Home Value | $241,618 |
Housing Distribution
Address Breakdown
Residential
2,614
Single Family
2,526
Multi-Family
88
Businesses
102
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