29 County Route 44MexicoNY13114
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 Mexico at 29 County Route 44, Mexico, NY, 13114 offers a 13.8% rental yield on a $155,000 purchase with $1,782/mo rent. Total monthly income registers $1,782/mo, and a $759/mo payment leaves $747/mo available for distribution. Annual cash flow reaches $8,959/yr on $51,383 to close, and return on cash invested stands at 37.34% in year one. Equity gained on principal adds $1,000/yr while 5% annual appreciation supports $42,824 over five years. Portfolio math shows five-year ROI at 197.02% and total cumulative return in cash at $101,236. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,782/mo property income against a $759/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1842
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13114, Mexico, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,188 (100%) |
| Owner Occupied HU | 2,192 (68.8%) |
| Renter Occupied HU | 540 (16.9%) |
| Vacant Housing Units | 456 (14.3%) |
| Median Home Value | $182,785 |
| Average Home Value | $227,645 |
Housing Distribution
Address Breakdown
Residential
2,391
Single Family
2,324
Multi-Family
67
Businesses
126
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