35788 State Route 180La FargevilleNY13656
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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
Rental property for sale in La Fargeville at 35788 State Route 180, La Fargeville, NY, 13656 generates $721/mo in rent, after a $612/mo payment. Total monthly income is $721/mo. Return on cash invested sits at 16.61% in year one, and rental yield is 6.92% on a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 85.88% and total cumulative return in cash sums $35,585. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $721/mo property income rather than buyer’s personal income.
Manufactured
Built in 1989
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13656, La Fargeville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,175 (100%) |
| Owner Occupied HU | 789 (67.1%) |
| Renter Occupied HU | 171 (14.6%) |
| Vacant Housing Units | 215 (18.3%) |
| Median Home Value | $218,960 |
| Average Home Value | $234,626 |
Housing Distribution
Address Breakdown
Residential
990
Single Family
990
Multi-Family
0
Businesses
32
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Listed by: Melanie T Curley • Bridgeview Real Estate
Mls Name: NYSAMLSs
Mls ID: #S1644261