284 Dry Brook RdArkvilleNY12406
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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 Arkville at 284 Dry Brook Rd, Arkville, NY, 12406 priced at $198,000 converts $1,860/mo rent into $538/mo cash flow after a $969/mo obligation. Total monthly income equals $1,860/mo, and annual cash flow totals $6,455/yr on $65,637 invested. Return on cash invested prints 29.74% in year one, and rental yield reads 11.27% against a $198,000 entry. Equity gained on principal adds $1,278/yr, while 5% annual appreciation compiles into $54,704 by year five. Five-year ROI reaches 156.19% and total cumulative return in cash sums $102,520. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,860/mo property income covering a $969/mo payment, not borrower’s personal income.
Single Family
Built in 1960
1,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12406, Arkville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 605 (100%) |
| Owner Occupied HU | 250 (41.3%) |
| Renter Occupied HU | 89 (14.7%) |
| Vacant Housing Units | 266 (44.0%) |
| Median Home Value | $376,812 |
| Average Home Value | $418,020 |
Housing Distribution
Address Breakdown
Residential
163
Single Family
148
Multi-Family
15
Businesses
59
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