3819 County Rte #2AddisonNY14801
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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 Addison at 3819 County Rte #2, Addison, NY, 14801 priced at $144,900 pairs $1,200/mo rent with $233/mo cash flow after a $709/mo payment. Total monthly income equals $1,200/mo, and annual cash flow comes to $2,791/yr on $48,034 invested. Return on cash invested is 25.72% in year one, and rental yield stands at 9.94% on a $144,900 basis. Equity gained on principal adds $935/yr, and 5% annual appreciation accumulates to $40,033 by year five. Five-year ROI measures 134.66% and total cumulative return in cash reaches $64,681. For financing, Ziffy Mortgage’s DSCR program evaluates $1,200/mo property income against a $709/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14801, Addison, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,333 (100%) |
| Owner Occupied HU | 1,525 (65.4%) |
| Renter Occupied HU | 432 (18.5%) |
| Vacant Housing Units | 376 (16.1%) |
| Median Home Value | $156,389 |
| Average Home Value | $186,321 |
Housing Distribution
Address Breakdown
Residential
2,194
Single Family
2,149
Multi-Family
45
Businesses
125
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Listed by: Noelle Chaploney • Keuka Lake & Land Realty Bath
Mls Name: ECMLS
Mls Provider:
Mls ID: #276029
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