374 North Ridge RoadHannacroixNY12087
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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 Hannacroix at 374 North Ridge Road, Hannacroix, NY, 12087 uses $104,423 cash to close to unlock $1,851/yr annual cash flow and $154/mo monthly cash flow. Total monthly income runs $2,258/mo, and a $1,542/mo payment keeps the spread at $154/mo. Purchase price stands at $315,000, and rental yield measures 8.6% with $2,258/mo rent. Return on cash invested shows 21.68% in year one, and 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 113.02% and total cumulative return in cash records $118,013. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,258/mo property income covering a $1,542/mo payment rather than investor’s personal income.
Single Family
Built in 2017
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12087, Hannacroix, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 638 (100%) |
| Owner Occupied HU | 438 (68.7%) |
| Renter Occupied HU | 72 (11.3%) |
| Vacant Housing Units | 128 (20.1%) |
| Median Home Value | $317,361 |
| Average Home Value | $361,176 |
Housing Distribution
Address Breakdown
Residential
493
Single Family
493
Multi-Family
0
Businesses
27
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Listed by: Douglas Schenk • RE/MAX Capital
Mls Name: HVCRMLS
Mls ID: #20255730