3847 Main StreetWarrensburgNY12885
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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 Warrensburg at 3847 Main Street, Warrensburg, NY, 12885 generates $1,707/mo in rent and, after a $1,248/mo payment, leaves $4/mo in cash flow. Total monthly income is $1,707/mo, and annual cash flow is $53/yr on $84,499 invested. Return on cash invested sits at 19.97% in year one, and rental yield is 8.04% on a $254,900 entry. Equity gained on principal adds $1,645/yr, while 5% annual appreciation builds toward $70,424 over five years. Five-year ROI reaches 103.87% and total cumulative return in cash sums $87,768. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,707/mo property income rather than buyer’s personal income.
Multi Family
Built in 1873
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12885, Warrensburg, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,602 (100%) |
| Owner Occupied HU | 1,386 (53.3%) |
| Renter Occupied HU | 620 (23.8%) |
| Vacant Housing Units | 596 (22.9%) |
| Median Home Value | $229,412 |
| Average Home Value | $342,008 |
Housing Distribution
Address Breakdown
Residential
2,009
Single Family
2,009
Multi-Family
0
Businesses
176
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Listed by: Linda A Marcella • Adirondack Real Estate LLC
Mls Name: Global MLS
Mls ID: #202518589