401 Palmer StFrankfortNY13340
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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 Frankfort at 401 Palmer St, Frankfort, NY, 13340 at $205,000 posts ROI 29.73% with $556/mo cash flow from $1,925/mo rent. Total monthly income equals $1,925/mo, and annual cash flow records $6,677/yr on $67,958 to close. Return on cash invested measures 29.73% and rental yield reads 11.27% at the current $205,000. Equity gained on principal adds $1,323/yr, and 5% annual appreciation supports $56,638 by year five. Five-year ROI prints 156.19% and total cumulative return in cash totals $106,146.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,925/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1920
5,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13340, Frankfort, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,672 (100%) |
| Owner Occupied HU | 2,452 (66.8%) |
| Renter Occupied HU | 850 (23.1%) |
| Vacant Housing Units | 370 (10.1%) |
| Median Home Value | $162,059 |
| Average Home Value | $211,774 |
Housing Distribution
Address Breakdown
Residential
3,317
Single Family
3,262
Multi-Family
55
Businesses
188
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