42855 State Highway 28ArkvilleNY12406
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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 Arkville at 42855 State Highway 28, Arkville, NY, 12406 offers a 1.8% rental yield on a $999,000 purchase with $1,501/mo rent. 18% in year one. Equity gained on principal adds $6,446/yr while 5% annual appreciation supports $276,005 over five years. Portfolio math shows five-year ROI at 3.03% and total cumulative return in cash at $9,974. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,501/mo property income against a $4,890/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1957
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12406, Arkville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 605 (100%) |
| Owner Occupied HU | 250 (41.3%) |
| Renter Occupied HU | 89 (14.7%) |
| Vacant Housing Units | 266 (44.0%) |
| Median Home Value | $376,812 |
| Average Home Value | $418,020 |
Housing Distribution
Address Breakdown
Residential
163
Single Family
148
Multi-Family
15
Businesses
59
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