4228 Main StMillportNY14864
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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 Millport at 4228 Main St, Millport, NY, 14864 with 5% annual appreciation on a $129,000 basis while $1,208/mo rent supports operations. Total monthly income totals $1,208/mo and a $631/mo payment preserves $347/mo for cash returns. Annual cash flow comes to $4,163/yr on $42,764 deployed, and return on cash invested reaches 29.64% in year one. Equity gained on principal adds $832/yr, and five-year appreciation sums $35,640 alongside rental yield of 11.24%. Five-year ROI measures 155.66% and total cumulative return in cash totals $66,565.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,208/mo property income versus a $631/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
1.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14864, Millport, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 575 (100%) |
| Owner Occupied HU | 407 (70.8%) |
| Renter Occupied HU | 124 (21.6%) |
| Vacant Housing Units | 44 ( 7.7%) |
| Median Home Value | $162,946 |
| Average Home Value | $193,415 |
Housing Distribution
Address Breakdown
Residential
547
Single Family
547
Multi-Family
0
Businesses
21
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