381 French RdHoffmeisterNY13353
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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 Hoffmeister at 381 French Rd, Hoffmeister, NY, 13353 uses $108,566 cash to close to unlock $8,160/yr annual cash flow and $680/mo monthly cash flow. Total monthly income runs $2,867/mo, and a $1,603/mo payment keeps the spread at $680/mo. Purchase price stands at $327,500, and rental yield measures 10.51% with $2,867/mo rent. Return on cash invested shows 27.42% in year one, and 5% annual appreciation builds toward $90,482 over five years. Five-year ROI reaches 143.77% and total cumulative return in cash records $156,090. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,867/mo property income covering a $1,603/mo payment rather than investor’s personal income.
Single Family
Built in 1996
3.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13353, Hoffmeister, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 308 (100%) |
| Owner Occupied HU | 52 (16.9%) |
| Renter Occupied HU | 7 ( 2.3%) |
| Vacant Housing Units | 249 (80.8%) |
| Median Home Value | $300,000 |
| Average Home Value | $317,452 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
5
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Listed by: N/A • N/A
Mls Name: HUNT ERA Real Estate
Mls ID: #S1612677