34930 State Route 126CarthageNY13619
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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 Carthage at 34930 State Route 126, Carthage, NY, 13619 uses $66,300 cash to close to unlock $12,724/yr annual cash flow and $1,060/mo monthly cash flow. Total monthly income runs $2,396/mo, and a $979/mo payment keeps the spread at $1,060/mo. Purchase price stands at $200,000, and rental yield measures 14.38% with $2,396/mo rent. Return on cash invested shows 39.1% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 206.44% and total cumulative return in cash records $136,868. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,396/mo property income covering a $979/mo payment rather than investor’s personal income.
Manufactured
Built in 1995
2.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13619, Carthage, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,342 (100%) |
| Owner Occupied HU | 2,743 (51.3%) |
| Renter Occupied HU | 1,786 (33.4%) |
| Vacant Housing Units | 813 (15.2%) |
| Median Home Value | $202,417 |
| Average Home Value | $239,043 |
Housing Distribution
Address Breakdown
Residential
4,248
Single Family
3,726
Multi-Family
522
Businesses
213
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