409 County Route 8ElizabethtownNY12932
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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 Elizabethtown at 409 County Route 8, Elizabethtown, NY, 12932 listed at $230,500 pairs $3,444/mo rent with a $1,128/mo payment to leave $1,905/mo cash flow. Total monthly income runs $3,444/mo, and annual cash flow reaches $22,859/yr on $76,411 cash to close. Return on cash invested measures 49.83% in year one, and rental yield registers 17.93% at a $230,500 basis. Equity gained on principal adds $1,487/yr, and annual property appreciation at 5% supports $63,683 by year five. Five-year ROI tracks 263.89% and total cumulative return in cash totals $201,644. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,444/mo property income relative to a $1,128/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1970
7.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12932, Elizabethtown, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 846 (100%) |
| Owner Occupied HU | 476 (56.3%) |
| Renter Occupied HU | 146 (17.3%) |
| Vacant Housing Units | 224 (26.5%) |
| Median Home Value | $240,385 |
| Average Home Value | $338,613 |
Housing Distribution
Address Breakdown
Residential
320
Single Family
308
Multi-Family
12
Businesses
78
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Nearby investment properties with comparable prices
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