420 Caverns RoadHowes CaveNY12092
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
Rental property for sale in Howes Cave at 420 Caverns Road, Howes Cave, NY, 12092 offers $2,119/mo rent that, after a $1,468/mo payment, leaves $116/mo cash flow. Total monthly income is $2,119/mo, and annual cash flow is $1,394/yr on $99,417 cash. Return on cash invested measures 21.31% in year one, and rental yield stands at 8.48% at a $299,900 entry. Equity gained on principal adds $1,935/yr while 5% annual appreciation compounds into $82,857 by year five. Five-year ROI records 111.04% and total cumulative return in cash reaches $110,392. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,119/mo property income versus a $1,468/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1800
4.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12092, Howes Cave, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 571 (100%) |
| Owner Occupied HU | 363 (63.6%) |
| Renter Occupied HU | 115 (20.1%) |
| Vacant Housing Units | 93 (16.3%) |
| Median Home Value | $211,275 |
| Average Home Value | $270,062 |
Housing Distribution
Address Breakdown
Residential
471
Single Family
471
Multi-Family
0
Businesses
30
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Nearby investment properties with comparable prices
Listed by: Lisa Tenneson • Four Star Realty Group Inc
Mls Name: Global MLS
Mls ID: #202521651