33036 Shimel RdLa FargevilleNY13656
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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
Investment property for sale in La Fargeville at 33036 Shimel Rd, La Fargeville, NY, 13656 earns $543/mo cash flow from $1,872/mo rent with a $974/mo payment. Total monthly income totals $1,872/mo, and annual cash flow totals $6,517/yr on $65,969 capital. ROI tracks 29.79% on current figures, and rental yield reads 11.29% at a $199,000 purchase. Equity gained on principal adds $1,284/yr, and 5% annual appreciation supports $54,980 over five years. Five-year ROI reaches 156.54% and total cumulative return in cash sums $103,266. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,872/mo property income instead of your personal income.
Single Family
Built in 1982
3.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13656, La Fargeville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,175 (100%) |
| Owner Occupied HU | 789 (67.1%) |
| Renter Occupied HU | 171 (14.6%) |
| Vacant Housing Units | 215 (18.3%) |
| Median Home Value | $218,960 |
| Average Home Value | $234,626 |
Housing Distribution
Address Breakdown
Residential
990
Single Family
990
Multi-Family
0
Businesses
32
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Listed by: Ricky Gates • eXp Realty
Mls Name: NYSAMLSs
Mls ID: #S1633284