29 Forbes RdRussellNY13684
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 29 Forbes Rd, Russell, NY, 13684 in Russell hard to pass up. The 11.37% gross yield on a $184,900 purchase results in $1,752/mo in rent and $517/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.11). Annual cash flow of $6,207, five-year appreciation of $51,084, and $1,703/yr in equity build-up combine for a projected total cumulative return of $103,844.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 11.4% | 6.2% |
| Monthly Cash Flow | $517 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,752 |
| Total Monthly Debt Service | $1,161 |
| DSCR Ratio | 1.51x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Home Type Unknown
Built in 2002
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13684, Russell, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 648 (100%) |
| Owner Occupied HU | 360 (55.6%) |
| Renter Occupied HU | 64 ( 9.9%) |
| Vacant Housing Units | 224 (34.6%) |
| Median Home Value | $120,745 |
| Average Home Value | $170,354 |
Housing Distribution
Address Breakdown
Residential
454
Single Family
446
Multi-Family
8
Businesses
9
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
Home Type Unknown
Built in 2002
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13684, Russell, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 648 (100%) |
| Owner Occupied HU | 360 (55.6%) |
| Renter Occupied HU | 64 ( 9.9%) |
| Vacant Housing Units | 224 (34.6%) |
| Median Home Value | $120,745 |
| Average Home Value | $170,354 |
Housing Distribution
Address Breakdown
Residential
454
Single Family
446
Multi-Family
8
Businesses
9
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices