3904 Castle Point RdHimrodNY14842
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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 Himrod at 3904 Castle Point Rd, Himrod, NY, 14842 generates $1,642/mo in rent, after a $2,937/mo payment. Total monthly income is $1,642/mo. Return on cash invested sits at 5.68% in year one, and rental yield is 3.28% on a $600,000 entry. Equity gained on principal adds $3,872/yr, while 5% annual appreciation builds toward $165,769 over five years. Five-year ROI reaches 27.16% and total cumulative return in cash sums $53,616. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,642/mo property income rather than buyer’s personal income.
Home Type Unknown
Built in 1935
4,530 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14842, Himrod, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 568 (100%) |
| Owner Occupied HU | 240 (42.3%) |
| Renter Occupied HU | 52 ( 9.2%) |
| Vacant Housing Units | 276 (48.6%) |
| Median Home Value | $193,750 |
| Average Home Value | $348,698 |
Housing Distribution
Address Breakdown
Residential
321
Single Family
321
Multi-Family
0
Businesses
12
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