42 Mechanic StJordanNY13080
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Jordan at 42 Mechanic St, Jordan, NY, 13080 with 5% annual appreciation on a $280,000 basis while $3,276/mo rent supports operations. Total monthly income totals $3,276/mo and a $1,370/mo payment preserves $1,407/mo for cash returns. Annual cash flow comes to $16,880/yr on $92,820 deployed, and return on cash invested reaches 38.09% in year one. Equity gained on principal adds $1,807/yr, and five-year appreciation sums $77,359 alongside rental yield of 14.04%. Five-year ROI measures 201% and total cumulative return in cash totals $186,573.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,276/mo property income versus a $1,370/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1860
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13080, Jordan, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,770 (100%) |
| Owner Occupied HU | 1,155 (65.3%) |
| Renter Occupied HU | 278 (15.7%) |
| Vacant Housing Units | 337 (19.0%) |
| Median Home Value | $200,135 |
| Average Home Value | $254,387 |
Housing Distribution
Address Breakdown
Residential
1,325
Single Family
1,230
Multi-Family
95
Businesses
70
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices