2872 State Highway 11bHopkintonNY12965
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Hopkinton at 2872 State Highway 11b, Hopkinton, NY, 12965 earns $149/mo cash flow from $877/mo rent with a $534/mo payment. Total monthly income totals $877/mo, and annual cash flow totals $1,783/yr on $36,134 capital. ROI tracks 24.84% on current figures, and rental yield reads 9.66% at a $109,000 purchase. Equity gained on principal adds $703/yr, and 5% annual appreciation supports $30,115 over five years. Five-year ROI reaches 129.98% and total cumulative return in cash sums $46,966. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $877/mo property income instead of your personal income.
Single Family
Built in 1900
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12965, Nicholville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 251 (100%) |
| Owner Occupied HU | 177 (70.5%) |
| Renter Occupied HU | 26 (10.4%) |
| Vacant Housing Units | 48 (19.1%) |
| Median Home Value | $136,250 |
| Average Home Value | $161,285 |
Housing Distribution
Address Breakdown
Residential
163
Single Family
163
Multi-Family
0
Businesses
17
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Beth Reasoner • Plumley Real Estate LLC
Mls Name: SLCMLS
Mls Provider:
Mls ID: #51439
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.