309 Railroad StreetFrankfortNY13340
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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 Frankfort at 309 Railroad Street, Frankfort, NY, 13340 priced at $239,900 pairs $1,537/mo rent with after a $1,174/mo payment. Total monthly income equals $1,537/mo. Return on cash invested is 18.93% in year one, and rental yield stands at 7.69% on a $239,900 basis. Equity gained on principal adds $1,548/yr, and 5% annual appreciation accumulates to $66,280 by year five. Five-year ROI measures 98.28% and total cumulative return in cash reaches $78,163. For financing, Ziffy Mortgage’s DSCR program evaluates $1,537/mo property income against a $1,174/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13340, Frankfort, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,672 (100%) |
| Owner Occupied HU | 2,452 (66.8%) |
| Renter Occupied HU | 850 (23.1%) |
| Vacant Housing Units | 370 (10.1%) |
| Median Home Value | $162,059 |
| Average Home Value | $211,774 |
Housing Distribution
Address Breakdown
Residential
3,317
Single Family
3,262
Multi-Family
55
Businesses
188
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