3258 County Highway 31Cherry ValleyNY13320
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 Cherry Valley at 3258 County Highway 31, Cherry Valley, NY, 13320 priced at $104,990 pairs $839/mo rent with $138/mo cash flow after a $514/mo payment. Total monthly income equals $839/mo, and annual cash flow comes to $1,653/yr on $34,804 invested. Return on cash invested is 24.66% in year one, and rental yield stands at 9.59% on a $104,990 basis. Equity gained on principal adds $677/yr, and 5% annual appreciation accumulates to $29,007 by year five. Five-year ROI measures 128.98% and total cumulative return in cash reaches $44,891. For financing, Ziffy Mortgage’s DSCR program evaluates $839/mo property income against a $514/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1952
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13320, Cherry Valley, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,094 (100%) |
| Owner Occupied HU | 675 (61.7%) |
| Renter Occupied HU | 125 (11.4%) |
| Vacant Housing Units | 294 (26.9%) |
| Median Home Value | $262,342 |
| Average Home Value | $330,133 |
Housing Distribution
Address Breakdown
Residential
723
Single Family
723
Multi-Family
0
Businesses
68
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Heather Etzel • Four Seasons Sotheby's Int.
Mls Name: HVCRMLS
Mls ID: #20253868