3283 County Route 47NorwoodNY13668
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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 Norwood at 3283 County Route 47, Norwood, NY, 13668 offers $2,900/mo rent that, after a $729/mo payment, leaves $1,905/mo cash flow. Total monthly income is $2,900/mo, and annual cash flow is $22,863/yr on $49,394 cash. Return on cash invested measures 66.2% in year one, and rental yield stands at 23.36% at a $149,000 entry. Equity gained on principal adds $961/yr while 5% annual appreciation compounds into $41,166 by year five. Five-year ROI records 351.77% and total cumulative return in cash reaches $173,752. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,900/mo property income versus a $729/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1998
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13668, Norwood, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,732 (100%) |
| Owner Occupied HU | 1,159 (66.9%) |
| Renter Occupied HU | 389 (22.5%) |
| Vacant Housing Units | 184 (10.6%) |
| Median Home Value | $159,375 |
| Average Home Value | $239,834 |
Housing Distribution
Address Breakdown
Residential
1,373
Single Family
1,315
Multi-Family
58
Businesses
55
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Listed by: Elisabeth Rowe • MGM Realty Group LLC
Mls Name: SLCMLS
Mls Provider:
Mls ID: #49669
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.