4 Cedar StJayNY12941
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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 Jay at 4 Cedar St, Jay, NY, 12941 offers $2,045/mo rent that, after a $1,517/mo payment. Total monthly income is $2,045/mo. Return on cash invested measures 19.62% in year one, and rental yield stands at 7.92% at a $309,900 entry. Equity gained on principal adds $2,000/yr while 5% annual appreciation compounds into $85,620 by year five. Five-year ROI records 101.97% and total cumulative return in cash reaches $104,760. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,045/mo property income versus a $1,517/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12941, Jay, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 920 (100%) |
| Owner Occupied HU | 505 (54.9%) |
| Renter Occupied HU | 97 (10.5%) |
| Vacant Housing Units | 318 (34.6%) |
| Median Home Value | $233,631 |
| Average Home Value | $317,817 |
Housing Distribution
Address Breakdown
Residential
607
Single Family
607
Multi-Family
0
Businesses
19
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