2868 Jones Bridge RdMount MorrisNY14510
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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 Mount Morris at 2868 Jones Bridge Rd, Mount Morris, NY, 14510 earns $114/mo cash flow from $1,783/mo rent with a $1,223/mo payment. Total monthly income totals $1,783/mo, and annual cash flow totals $1,372/yr on $82,842 capital. ROI tracks 21.57% on current figures, and rental yield reads 8.56% at a $249,900 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,043 over five years. Five-year ROI reaches 112.4% and total cumulative return in cash sums $93,110. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,783/mo property income instead of your personal income.
Single Family
Built in 1973
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14510, Mount Morris, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,250 (100%) |
| Owner Occupied HU | 1,289 (57.3%) |
| Renter Occupied HU | 699 (31.1%) |
| Vacant Housing Units | 262 (11.6%) |
| Median Home Value | $116,771 |
| Average Home Value | $200,803 |
Housing Distribution
Address Breakdown
Residential
1,985
Single Family
1,941
Multi-Family
44
Businesses
187
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Listed by: Anthony I. Scorsone • RE/MAX Plus
Mls Name: NYSAMLSs
Mls ID: #R1655588