27907 Us Route 11Evans MillsNY13637
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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 Evans Mills at 27907 Us Route 11, Evans Mills, NY, 13637 offers a 9.39% rental yield on a $299,000 purchase with $2,340/mo rent. Total monthly income registers $2,340/mo, and a $1,463/mo payment leaves $344/mo available for distribution. Annual cash flow reaches $4,125/yr on $99,119 to close, and return on cash invested stands at 24.07% in year one. Equity gained on principal adds $1,929/yr while 5% annual appreciation supports $82,608 over five years. Portfolio math shows five-year ROI at 125.8% and total cumulative return in cash at $124,690. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,340/mo property income against a $1,463/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
4.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13637, Evans Mills, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,611 (100%) |
| Owner Occupied HU | 774 (29.6%) |
| Renter Occupied HU | 1,480 (56.7%) |
| Vacant Housing Units | 357 (13.7%) |
| Median Home Value | $221,495 |
| Average Home Value | $221,567 |
Housing Distribution
Address Breakdown
Residential
2,119
Single Family
1,490
Multi-Family
629
Businesses
112
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Listed by: Kirk Gilchrist • Bridgeview Real Estate
Mls Name: NYSAMLSs
Mls ID: #S1640875