351-353 Old Route 209HurleyNY12443
Nearby investment properties with comparable rents
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 Hurley at 351-353 Old Route 209, Hurley, NY, 12443 uses $119,174 cash to close to unlock $6,467/yr annual cash flow and $539/mo monthly cash flow. Total monthly income runs $2,940/mo, and a $1,760/mo payment keeps the spread at $539/mo. Purchase price stands at $359,500, and rental yield measures 9.81% with $2,940/mo rent. Return on cash invested shows 25.34% in year one, and 5% annual appreciation builds toward $99,323 over five years. Five-year ROI reaches 132.58% and total cumulative return in cash records $158,000. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,940/mo property income covering a $1,760/mo payment rather than investor’s personal income.
Multi Family
Built in 1940
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12443, Hurley, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,714 (100%) |
| Owner Occupied HU | 1,321 (77.1%) |
| Renter Occupied HU | 200 (11.7%) |
| Vacant Housing Units | 193 (11.3%) |
| Median Home Value | $400,721 |
| Average Home Value | $491,041 |
Housing Distribution
Address Breakdown
Residential
1,495
Single Family
1,495
Multi-Family
0
Businesses
91
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices