32 W Main StMilfordNY13807
Nearby investment properties with comparable rents
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
Rental property for sale in Milford at 32 W Main St, Milford, NY, 13807 offers $2,340/mo rent that, after a $1,170/mo payment, leaves $744/mo cash flow. Total monthly income is $2,340/mo, and annual cash flow is $8,925/yr on $79,229 cash. Return on cash invested measures 31.17% in year one, and rental yield stands at 11.75% at a $239,000 entry. Equity gained on principal adds $1,542/yr while 5% annual appreciation compounds into $66,031 by year five. Five-year ROI records 163.9% and total cumulative return in cash reaches $129,852. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,340/mo property income versus a $1,170/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1947
1.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13807, Milford, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 747 (100%) |
| Owner Occupied HU | 387 (51.8%) |
| Renter Occupied HU | 123 (16.5%) |
| Vacant Housing Units | 237 (31.7%) |
| Median Home Value | $205,500 |
| Average Home Value | $252,054 |
Housing Distribution
Address Breakdown
Residential
351
Single Family
351
Multi-Family
0
Businesses
49
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