283 County Road 58MexicoNY13114
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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 Mexico at 283 County Road 58, Mexico, NY, 13114 offers a 7.17% rental yield on a $399,900 purchase with $2,388/mo rent. 35% in year one. Equity gained on principal adds $2,580/yr while 5% annual appreciation supports $110,485 over five years. Portfolio math shows five-year ROI at 89.78% and total cumulative return in cash at $119,024. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,388/mo property income against a $1,957/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1967
16.21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13114, Mexico, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,188 (100%) |
| Owner Occupied HU | 2,192 (68.8%) |
| Renter Occupied HU | 540 (16.9%) |
| Vacant Housing Units | 456 (14.3%) |
| Median Home Value | $182,785 |
| Average Home Value | $227,645 |
Housing Distribution
Address Breakdown
Residential
2,391
Single Family
2,324
Multi-Family
67
Businesses
126
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