3818 State Route 37ConstableNY12926
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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 Constable at 3818 State Route 37, Constable, NY, 12926 priced at $104,000 converts $815/mo rent into $121/mo cash flow after a $509/mo obligation. Total monthly income equals $815/mo, and annual cash flow totals $1,446/yr on $34,476 invested. Return on cash invested prints 24.1% in year one, and rental yield reads 9.4% against a $104,000 entry. Equity gained on principal adds $671/yr, while 5% annual appreciation compiles into $28,733 by year five. Five-year ROI reaches 126.07% and total cumulative return in cash sums $43,464. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $815/mo property income covering a $509/mo payment, not borrower’s personal income.
Single Family
Built in 1900
2.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12926, Constable, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,052 (100%) |
| Owner Occupied HU | 716 (68.1%) |
| Renter Occupied HU | 190 (18.1%) |
| Vacant Housing Units | 146 (13.9%) |
| Median Home Value | $176,000 |
| Average Home Value | $209,906 |
Housing Distribution
Address Breakdown
Residential
884
Single Family
863
Multi-Family
21
Businesses
33
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