311 Lower Main StAndesNY13731
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Investment Highlights
Investment property for sale in Andes at 311 Lower Main St, Andes, NY, 13731 offers a 0% rental yield on a $849,000 purchase with $0/mo rent. 29% in year one. Equity gained on principal adds $5,478/yr while 5% annual appreciation supports $234,563 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $4,155/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1870
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13731, Andes, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,268 (100%) |
| Owner Occupied HU | 465 (36.7%) |
| Renter Occupied HU | 84 ( 6.6%) |
| Vacant Housing Units | 719 (56.7%) |
| Median Home Value | $341,923 |
| Average Home Value | $403,812 |
Housing Distribution
Address Breakdown
Residential
546
Single Family
546
Multi-Family
0
Businesses
50
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Douglas B. Clarke • COMPASS Greater NY LLC
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #R1573302
Disclaimer: The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, UNYREIS and WNYREIS. Real estate listings held by firms other than Zillow, Inc. are marked with the IDX logo and include the Listing Brokers Firm Name. Listing Data last updated at 2024-11-11 01:07:47 PST. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Zillow, Inc. shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. 2024 CNYIS, UNYREIS, WNYREIS. All rights reserved.