333 3rd AveFrankfortNY13340
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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
Investment property for sale in Frankfort at 333 3rd Ave, Frankfort, NY, 13340 offers a 9.5% rental yield on a $189,900 purchase with $1,503/mo rent. Total monthly income registers $1,503/mo, and a $929/mo payment leaves $235/mo available for distribution. Annual cash flow reaches $2,824/yr on $62,952 to close, and return on cash invested stands at 24.4% in year one. Equity gained on principal adds $1,225/yr while 5% annual appreciation supports $52,466 over five years. Portfolio math shows five-year ROI at 127.59% and total cumulative return in cash at $80,321. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,503/mo property income against a $929/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1935
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13340, Frankfort, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,672 (100%) |
| Owner Occupied HU | 2,452 (66.8%) |
| Renter Occupied HU | 850 (23.1%) |
| Vacant Housing Units | 370 (10.1%) |
| Median Home Value | $162,059 |
| Average Home Value | $211,774 |
Housing Distribution
Address Breakdown
Residential
3,317
Single Family
3,262
Multi-Family
55
Businesses
188
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