340 Pines Drive #45-3DenverNY12421
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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 Denver at 340 Pines Drive #45-3, Denver, NY, 12421 earns from $1,662/mo rent with a $1,219/mo payment. Total monthly income totals $1,662/mo. ROI tracks 19.89% on current figures, and rental yield reads 8.01% at a $249,000 purchase. Equity gained on principal adds $1,607/yr, and 5% annual appreciation supports $68,794 over five years. Five-year ROI reaches 103.39% and total cumulative return in cash sums $85,340. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,662/mo property income instead of your personal income.
Townhouse
Built in 1984
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12421, Denver, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 380 (100%) |
| Owner Occupied HU | 115 (30.3%) |
| Renter Occupied HU | 23 ( 6.1%) |
| Vacant Housing Units | 242 (63.7%) |
| Median Home Value | $318,000 |
| Average Home Value | $356,196 |
Housing Distribution
Address Breakdown
Residential
131
Single Family
131
Multi-Family
0
Businesses
3
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