3982 County Route 108AndoverNY14806
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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
Investment property for sale in Andover at 3982 County Route 108, Andover, NY, 14806 listed at $305,999 pairs $1,565/mo rent with a $1,498/mo payment. Total monthly income runs $1,565/mo. Return on cash invested measures 14.25% in year one, and rental yield registers 6.14% at a $305,999 basis. Equity gained on principal adds $1,975/yr, and annual property appreciation at 5% supports $84,542 by year five. Five-year ROI tracks 73.14% and total cumulative return in cash totals $74,195. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,565/mo property income relative to a $1,498/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1989
7.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14806, Andover, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,025 (100%) |
| Owner Occupied HU | 656 (64.0%) |
| Renter Occupied HU | 137 (13.4%) |
| Vacant Housing Units | 232 (22.6%) |
| Median Home Value | $107,667 |
| Average Home Value | $154,196 |
Housing Distribution
Address Breakdown
Residential
557
Single Family
548
Multi-Family
9
Businesses
44
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