424-430 Joys LaneHurleyNY12443
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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 Hurley at 424-430 Joys Lane, Hurley, NY, 12443 generates $7,453/mo in rent and, after a $5,330/mo payment, leaves $181/mo in cash flow. Total monthly income is $7,453/mo, and annual cash flow is $2,171/yr on $352,836 invested. Return on cash invested sits at 20.99% in year one, and rental yield is 8.21% on a $1,089,000 entry. Equity gained on principal adds $7,027/yr, while 5% annual appreciation builds toward $300,871 over five years. Five-year ROI reaches 109.17% and total cumulative return in cash sums $385,174. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,453/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
23.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12443, Hurley, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,714 (100%) |
| Owner Occupied HU | 1,321 (77.1%) |
| Renter Occupied HU | 200 (11.7%) |
| Vacant Housing Units | 193 (11.3%) |
| Median Home Value | $400,721 |
| Average Home Value | $491,041 |
Housing Distribution
Address Breakdown
Residential
1,495
Single Family
1,495
Multi-Family
0
Businesses
91
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Listed by: Melanie Hogan • Habitat Real Estate Group
Mls Name: UCBR
Mls Provider:
Mls ID: #20242291
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