3074 County Route 2CincinnatusNY13040
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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 Cincinnatus at 3074 County Route 2, Cincinnatus, NY, 13040 earns from $2,311/mo rent with a $5,379/mo payment. Total monthly income totals $2,311/mo. ROI tracks 3.43% on current figures, and rental yield reads 2.52% at a $1,099,000 purchase. Equity gained on principal adds $7,092/yr, and 5% annual appreciation supports $303,633 over five years. Five-year ROI reaches 15.02% and total cumulative return in cash sums $53,478. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,311/mo property income instead of your personal income.
Single Family
Built in 1894
213.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13040, Cincinnatus, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,376 (100%) |
| Owner Occupied HU | 898 (65.3%) |
| Renter Occupied HU | 195 (14.2%) |
| Vacant Housing Units | 283 (20.6%) |
| Median Home Value | $188,415 |
| Average Home Value | $250,061 |
Housing Distribution
Address Breakdown
Residential
1,088
Single Family
1,088
Multi-Family
0
Businesses
38
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Listed by: Richard Borza • Ted Leader Real Estate
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #S1573101
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