288 French RdHoffmeisterNY13353
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 Hoffmeister at 288 French Rd, Hoffmeister, NY, 13353 at $169,000 posts ROI 35.73% with $739/mo cash flow from $1,867/mo rent. Total monthly income equals $1,867/mo, and annual cash flow records $8,863/yr on $56,024 to close. Return on cash invested measures 35.73% and rental yield reads 13.26% at the current $169,000. Equity gained on principal adds $1,091/yr, and 5% annual appreciation supports $46,692 by year five. Five-year ROI prints 188.33% and total cumulative return in cash totals $105,511.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,867/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2019
17.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13353, Hoffmeister, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 308 (100%) |
| Owner Occupied HU | 52 (16.9%) |
| Renter Occupied HU | 7 ( 2.3%) |
| Vacant Housing Units | 249 (80.8%) |
| Median Home Value | $300,000 |
| Average Home Value | $317,452 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
5
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Listed by: Christy Wilt • ALICIA C MILLER REAL ESTATE INC
Mls Name: NY State MLS
Mls ID: #11322810