2698 State Highway 2CropseyvilleNY12052
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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 Cropseyville at 2698 State Highway 2, Cropseyville, NY, 12052 earns $125/mo cash flow from $1,994/mo rent with a $1,370/mo payment. Total monthly income totals $1,994/mo, and annual cash flow totals $1,498/yr on $92,787 capital. ROI tracks 21.52% on current figures, and rental yield reads 8.55% at a $279,900 purchase. Equity gained on principal adds $1,806/yr, and 5% annual appreciation supports $77,331 over five years. Five-year ROI reaches 112.14% and total cumulative return in cash sums $104,053. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,994/mo property income instead of your personal income.
Single Family
Built in 1955
N/A 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
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Listed by: Loraine Robichaud • Blake, REALTORS
Mls Name: BHHS broker feed
Mls ID: #202515428