397 Main StFranklinNY13775
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
Investment property for sale in Franklin at 397 Main St, Franklin, NY, 13775 with 5% annual appreciation on a $299,000 basis while $2,100/mo rent supports operations. Total monthly income totals $2,100/mo and a $1,463/mo payment preserves $104/mo for cash returns. Annual cash flow comes to $1,245/yr on $99,119 deployed, and return on cash invested reaches 21.17% in year one. Equity gained on principal adds $1,929/yr, and five-year appreciation sums $82,608 alongside rental yield of 8.43%. Five-year ROI measures 110.23% and total cumulative return in cash totals $109,258.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,100/mo property income versus a $1,463/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13775, Franklin, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 987 (100%) |
| Owner Occupied HU | 537 (54.4%) |
| Renter Occupied HU | 101 (10.2%) |
| Vacant Housing Units | 349 (35.4%) |
| Median Home Value | $240,179 |
| Average Home Value | $290,410 |
Housing Distribution
Address Breakdown
Residential
671
Single Family
671
Multi-Family
0
Businesses
57
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices