324 Schrader RdAshlandNY12407
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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 Ashland at 324 Schrader Rd, Ashland, NY, 12407 priced at $425,000 pairs $2,340/mo rent with after a $2,080/mo payment. Total monthly income equals $2,340/mo. Return on cash invested is 15.67% in year one, and rental yield stands at 6.61% on a $425,000 basis. Equity gained on principal adds $2,742/yr, and 5% annual appreciation accumulates to $117,420 by year five. Five-year ROI measures 80.77% and total cumulative return in cash reaches $113,789. For financing, Ziffy Mortgage’s DSCR program evaluates $2,340/mo property income against a $2,080/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
1.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12407, Ashland, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 84 (100%) |
| Owner Occupied HU | 45 (53.6%) |
| Renter Occupied HU | 11 (13.1%) |
| Vacant Housing Units | 28 (33.3%) |
| Median Home Value | $323,684 |
| Average Home Value | $397,056 |
Housing Distribution
Address Breakdown
Residential
55
Single Family
55
Multi-Family
0
Businesses
21
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