321 Panther Mount RdRichfield SpringsNY13439
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 Richfield Springs at 321 Panther Mount Rd, Richfield Springs, NY, 13439 generates $4,495/mo in rent, after a $5,873/mo payment. Total monthly income is $4,495/mo. Return on cash invested sits at 9.51% in year one, and rental yield is 4.5% on a $1,199,900 entry. Equity gained on principal adds $7,743/yr, while 5% annual appreciation builds toward $331,510 over five years. Five-year ROI reaches 47.65% and total cumulative return in cash sums $185,248. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,495/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
189.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13439, Richfield Springs, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,320 (100%) |
| Owner Occupied HU | 1,222 (52.7%) |
| Renter Occupied HU | 354 (15.3%) |
| Vacant Housing Units | 744 (32.1%) |
| Median Home Value | $212,587 |
| Average Home Value | $290,252 |
Housing Distribution
Address Breakdown
Residential
1,223
Single Family
1,199
Multi-Family
24
Businesses
108
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeffrey Abulencia • NY OUTDOOR REALTY LLC
Mls Name: NY State MLS
Mls ID: #11329554