2704 NY-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
Rental property for sale in Cropseyville at 2704 NY-2, Cropseyville, NY, 12052 generates $1,532/mo in rent and, after a $974/mo payment, leaves $203/mo in cash flow. Total monthly income is $1,532/mo, and annual cash flow is $2,437/yr on $65,969 invested. Return on cash invested sits at 23.6% in year one, and rental yield is 9.24% on a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 123.38% and total cumulative return in cash sums $81,390. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,532/mo property income rather than buyer’s personal income.
Single Family
Built in 1934
0.87 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
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Listed by: Angela Gonyo • Wolf River Real Estate, LLC
Mls Name: Global MLS
Mls ID: #202529931