352 Main StreetSchoharieNY12157
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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 Schoharie at 352 Main Street, Schoharie, NY, 12157 uses $190,491 cash to close to unlock $1,337/yr annual cash flow and $111/mo monthly cash flow. Total monthly income runs $3,978/mo, and a $2,834/mo payment keeps the spread at $111/mo. Purchase price stands at $579,000, and rental yield measures 8.24% with $3,978/mo rent. Return on cash invested shows 20.76% in year one, and 5% annual appreciation builds toward $159,967 over five years. Five-year ROI reaches 108.03% and total cumulative return in cash records $205,795. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,978/mo property income covering a $2,834/mo payment rather than investor’s personal income.
Single Family
Built in 1838
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12157, Schoharie, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,968 (100%) |
| Owner Occupied HU | 1,361 (69.2%) |
| Renter Occupied HU | 402 (20.4%) |
| Vacant Housing Units | 205 (10.4%) |
| Median Home Value | $240,027 |
| Average Home Value | $269,741 |
Housing Distribution
Address Breakdown
Residential
1,570
Single Family
1,570
Multi-Family
0
Businesses
159
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