2877 State Highway 11bHopkintonNY12965
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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 Hopkinton at 2877 State Highway 11b, Hopkinton, NY, 12965 generates $1,796/mo in rent and, after a $554/mo payment, leaves $1,040/mo in cash flow. Total monthly income is $1,796/mo, and annual cash flow is $12,480/yr on $37,554 invested. Return on cash invested sits at 53.14% in year one, and rental yield is 19.02% on a $113,286 entry. Equity gained on principal adds $731/yr, while 5% annual appreciation builds toward $31,299 over five years. Five-year ROI reaches 281.67% and total cumulative return in cash sums $105,779. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,796/mo property income rather than buyer’s personal income.
Single Family
Built in 1923
4 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
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