3920 Castle Point RdHimrodNY14842
Nearby investment properties with comparable rents
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
Rental property for sale in Himrod at 3920 Castle Point Rd, Himrod, NY, 14842 generates $1,518/mo in rent, after a $3,181/mo payment. Total monthly income is $1,518/mo. Return on cash invested sits at 4.22% in year one, and rental yield is 2.8% on a $649,900 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation builds toward $179,555 over five years. Five-year ROI reaches 19.35% and total cumulative return in cash sums $41,382. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,518/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
1.01 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nicholas Walton • RE/MAX Plus
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #R1592365
Disclaimer: The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, UNYREIS and WNYREIS. Real estate listings held by firms other than Zillow, Inc. are marked with the IDX logo and include the Listing Brokers Firm Name. Listing Data last updated at 2025-03-26 06:25:20 PDT. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Zillow, Inc. shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. 2025 CNYIS, UNYREIS, WNYREIS. All rights reserved.