3390 Conhocton RdPainted PostNY14870
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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 Painted Post at 3390 Conhocton Rd, Painted Post, NY, 14870 generates $2,100/mo in rent, after a $2,300/mo payment. Total monthly income is $2,100/mo. Return on cash invested sits at 11.91% in year one, and rental yield is 5.36% on a $470,000 entry. Equity gained on principal adds $3,033/yr, while 5% annual appreciation builds toward $129,852 over five years. Five-year ROI reaches 60.6% and total cumulative return in cash sums $94,425. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,100/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14870, Painted Post, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,532 (100%) |
| Owner Occupied HU | 2,868 (63.3%) |
| Renter Occupied HU | 1,264 (27.9%) |
| Vacant Housing Units | 400 ( 8.8%) |
| Median Home Value | $220,128 |
| Average Home Value | $236,334 |
Housing Distribution
Address Breakdown
Residential
4,467
Single Family
4,204
Multi-Family
263
Businesses
247
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Listed by: Jennifer Silata • Howard Hanna Corning Denison
Mls Name: NYSAMLSs
Mls ID: #R1618546