388 County Route 11West MonroeNY13167
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Nearby investment properties with comparable prices
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 West Monroe at 388 County Route 11, West Monroe, NY, 13167 offers a 10.99% rental yield on a $131,000 purchase with $1,200/mo rent. Total monthly income registers $1,200/mo, and a $641/mo payment leaves $325/mo available for distribution. Annual cash flow reaches $3,905/yr on $43,427 to close, and return on cash invested stands at 28.9% in year one. Equity gained on principal adds $845/yr while 5% annual appreciation supports $36,193 over five years. Portfolio math shows five-year ROI at 151.74% and total cumulative return in cash at $65,897. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,200/mo property income against a $641/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2023
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13167, West Monroe, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,604 (100%) |
| Owner Occupied HU | 1,174 (73.2%) |
| Renter Occupied HU | 283 (17.6%) |
| Vacant Housing Units | 147 ( 9.2%) |
| Median Home Value | $229,459 |
| Average Home Value | $246,154 |
Housing Distribution
Address Breakdown
Residential
1,375
Single Family
1,375
Multi-Family
0
Businesses
45
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Listed by: Vicky Taylor • Berkshire Hathaway HomeServices CNY Realty Watn
Mls Name: NYSAMLSs
Mls ID: #S1635187