3810 State Highway 5FondaNY12068
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 3810 State Highway 5, Fonda, NY, 12068 in Fonda is capital appreciation. Rental yield 4.78%. The 4.78% gross yield at $794,800 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $219,589 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.84) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $150,514.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 4.8% | 6.2% |
| Monthly Cash Flow | $(2,138) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $3,169 |
| Total Monthly Debt Service | $5,185 |
| DSCR Ratio | 0.61x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1860
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12068, Fonda, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,404 (100%) |
| Owner Occupied HU | 1,017 (72.4%) |
| Renter Occupied HU | 242 (17.2%) |
| Vacant Housing Units | 145 (10.3%) |
| Median Home Value | $205,962 |
| Average Home Value | $219,705 |
Housing Distribution
Address Breakdown
Residential
982
Single Family
958
Multi-Family
24
Businesses
80
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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
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