298 Maple Ridge RdRichvilleNY13681
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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
Investment property for sale in Richville at 298 Maple Ridge Rd, Richville, NY, 13681 offers a 3.09% rental yield on a $699,999 purchase with $1,800/mo rent. 08% in year one. Equity gained on principal adds $4,517/yr while 5% annual appreciation supports $193,397 over five years. Portfolio math shows five-year ROI at 23.95% and total cumulative return in cash at $55,167. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,800/mo property income against a $3,426/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
356 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13681, Richville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 366 (100%) |
| Owner Occupied HU | 228 (62.3%) |
| Renter Occupied HU | 47 (12.8%) |
| Vacant Housing Units | 91 (24.9%) |
| Median Home Value | $151,724 |
| Average Home Value | $184,550 |
Housing Distribution
Address Breakdown
Residential
335
Single Family
335
Multi-Family
0
Businesses
9
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