434 Cloverdale RdChenango ForksNY13746
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeAt $185,000, 434 Cloverdale Rd, Chenango Forks, NY, 13746 in Chenango Forks generates $1,392/mo in rent (9.03% yield) but nets only $157/mo after debt service. The spread is thin, manageable for investors comfortable with low-margin holds who are buying into the 5% annual appreciation thesis. Ziffy Mortgage's DSCR loan (1.67) allows non-U.S. residents to acquire without personal income checks. A larger down payment reduces the monthly debt load and widens the margin. Five-year appreciation: $51,112. Total projected return: $80,657.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 6.2% |
| Monthly Cash Flow | $157 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,392 |
| Total Monthly Debt Service | $1,162 |
| DSCR Ratio | 1.20x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1965
1.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13746, Chenango Forks, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,421 (100%) |
| Owner Occupied HU | 1,027 (72.3%) |
| Renter Occupied HU | 178 (12.5%) |
| Vacant Housing Units | 216 (15.2%) |
| Median Home Value | $177,500 |
| Average Home Value | $217,722 |
Housing Distribution
Address Breakdown
Residential
1,113
Single Family
1,113
Multi-Family
0
Businesses
24
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
Single Family
Built in 1965
1.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13746, Chenango Forks, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,421 (100%) |
| Owner Occupied HU | 1,027 (72.3%) |
| Renter Occupied HU | 178 (12.5%) |
| Vacant Housing Units | 216 (15.2%) |
| Median Home Value | $177,500 |
| Average Home Value | $217,722 |
Housing Distribution
Address Breakdown
Residential
1,113
Single Family
1,113
Multi-Family
0
Businesses
24
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melissa A Hackford • WARREN REAL ESTATE (Vestal)
Mls Name: GBMLS
Mls ID: #331939