316-318 S Frankfort StFRANKFORTNY13340
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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 FRANKFORT at 316-318 S Frankfort St, FRANKFORT, NY, 13340 uses $47,405 cash to close to unlock $6,576/yr annual cash flow and $548/mo monthly cash flow. Total monthly income runs $1,503/mo, and a $700/mo payment keeps the spread at $548/mo. Purchase price stands at $143,000, and rental yield measures 12.61% with $1,503/mo rent. Return on cash invested shows 33.78% in year one, and 5% annual appreciation builds toward $39,508 over five years. Five-year ROI reaches 177.87% and total cumulative return in cash records $84,316. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,503/mo property income covering a $700/mo payment rather than investor’s personal income.
Multi Family
Built in 1930
6,083 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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