356 S 3rd StNorthvilleNY12134
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 Northville at 356 S 3rd St, Northville, NY, 12134 offers a 12.42% rental yield on a $339,000 purchase with $3,509/mo rent. Total monthly income registers $3,509/mo, and a $1,659/mo payment leaves $1,245/mo available for distribution. Annual cash flow reaches $14,945/yr on $112,379 to close, and return on cash invested stands at 33.21% in year one. Equity gained on principal adds $2,188/yr while 5% annual appreciation supports $93,659 over five years. Portfolio math shows five-year ROI at 174.82% and total cumulative return in cash at $196,456. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,509/mo property income against a $1,659/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
10,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12134, Northville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,122 (100%) |
| Owner Occupied HU | 1,310 (42.0%) |
| Renter Occupied HU | 324 (10.4%) |
| Vacant Housing Units | 1,488 (47.7%) |
| Median Home Value | $332,301 |
| Average Home Value | $386,294 |
Housing Distribution
Address Breakdown
Residential
1,699
Single Family
1,699
Multi-Family
0
Businesses
117
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brent Phetteplace • JUDITH ANN REALTY INC
Mls Name: NY State MLS
Mls ID: #11321314