42 King StWarrensburgNY12885
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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 Warrensburg at 42 King St, Warrensburg, NY, 12885 offers $3,018/mo rent that, after a $1,561/mo payment, leaves $888/mo cash flow. Total monthly income is $3,018/mo, and annual cash flow is $10,657/yr on $105,749 cash. Return on cash invested measures 29.99% in year one, and rental yield stands at 11.35% at a $319,000 entry. Equity gained on principal adds $2,058/yr while 5% annual appreciation compounds into $88,134 by year five. Five-year ROI records 157.56% and total cumulative return in cash reaches $166,621. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,018/mo property income versus a $1,561/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12885, Warrensburg, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,602 (100%) |
| Owner Occupied HU | 1,386 (53.3%) |
| Renter Occupied HU | 620 (23.8%) |
| Vacant Housing Units | 596 (22.9%) |
| Median Home Value | $229,412 |
| Average Home Value | $342,008 |
Housing Distribution
Address Breakdown
Residential
2,009
Single Family
2,009
Multi-Family
0
Businesses
176
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Listed by: Michelle Blair • Merrill L. Thomas - Gillis Team
Mls Name: ACVMLS
Mls ID: #205682