378 Thurston Hill RdRichfield SpringsNY13439
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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 Richfield Springs at 378 Thurston Hill Rd, Richfield Springs, NY, 13439 offers $4,096/mo rent that, after a $2,442/mo payment, leaves $764/mo cash flow. Total monthly income is $4,096/mo, and annual cash flow is $9,169/yr on $165,419 cash. Return on cash invested measures 25.45% in year one, and rental yield stands at 9.85% at a $499,000 entry. Equity gained on principal adds $3,220/yr while 5% annual appreciation compounds into $137,865 by year five. Five-year ROI records 133.22% and total cumulative return in cash reaches $220,374. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,096/mo property income versus a $2,442/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
2.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13439, Richfield Springs, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,320 (100%) |
| Owner Occupied HU | 1,222 (52.7%) |
| Renter Occupied HU | 354 (15.3%) |
| Vacant Housing Units | 744 (32.1%) |
| Median Home Value | $212,587 |
| Average Home Value | $290,252 |
Housing Distribution
Address Breakdown
Residential
1,223
Single Family
1,199
Multi-Family
24
Businesses
108
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Listed by: Denise Page-lacava • Stack-Page Properties
Mls Name: NY State MLS
Mls ID: #11287440