2696 Ny Highway 2CropseyvilleNY12052
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 Cropseyville at 2696 Ny Highway 2, Cropseyville, NY, 12052 listed at $275,000 pairs $2,424/mo rent with a $1,346/mo payment to leave $588/mo cash flow. Total monthly income runs $2,424/mo, and annual cash flow reaches $7,051/yr on $91,163 cash to close. Return on cash invested measures 27.64% in year one, and rental yield registers 10.58% at a $275,000 basis. Equity gained on principal adds $1,775/yr, and annual property appreciation at 5% supports $75,977 by year five. Five-year ROI tracks 144.99% and total cumulative return in cash totals $132,179. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,424/mo property income relative to a $1,346/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1965
2.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12052, Cropseyville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 782 (100%) |
| Owner Occupied HU | 559 (71.5%) |
| Renter Occupied HU | 63 ( 8.1%) |
| Vacant Housing Units | 160 (20.5%) |
| Median Home Value | $276,758 |
| Average Home Value | $294,213 |
Housing Distribution
Address Breakdown
Residential
634
Single Family
634
Multi-Family
0
Businesses
50
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Donald A Neudecker • Neudecker Realty
Mls Name: Global MLS
Mls ID: #202526236