3 Walnut StRichfield SpringsNY13439
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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 Richfield Springs at 3 Walnut St, Richfield Springs, NY, 13439 priced at $169,900 converts $0/mo rent into after a $832/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -4.27% in year one, and rental yield reads 0% against a $169,900 entry. Equity gained on principal adds $1,096/yr, while 5% annual appreciation compiles into $46,940 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $832/mo payment, not borrower’s personal income.
Single Family
Built in 1935
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13439, Richfield Springs, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,320 (100%) |
| Owner Occupied HU | 1,222 (52.7%) |
| Renter Occupied HU | 354 (15.3%) |
| Vacant Housing Units | 744 (32.1%) |
| Median Home Value | $212,587 |
| Average Home Value | $290,252 |
Housing Distribution
Address Breakdown
Residential
1,223
Single Family
1,199
Multi-Family
24
Businesses
108
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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Listed by: Michael Arcuri • Assist2Sell Buyers & Sellers 1st Choice
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #S1574451
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