466 Park AveFultonNY13069
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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 Fulton at 466 Park Ave, Fulton, NY, 13069 uses $49,394 cash to close to unlock $1,803/yr annual cash flow and $150/mo monthly cash flow. Total monthly income runs $1,145/mo, and a $729/mo payment keeps the spread at $150/mo. Purchase price stands at $149,000, and rental yield measures 9.22% with $1,145/mo rent. Return on cash invested shows 23.56% in year one, and 5% annual appreciation builds toward $41,166 over five years. Five-year ROI reaches 123.13% and total cumulative return in cash records $60,820. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,145/mo property income covering a $729/mo payment rather than investor’s personal income.
Single Family
Built in 1910
6,638 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13069, Fulton, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,840 (100%) |
| Owner Occupied HU | 6,607 (61.0%) |
| Renter Occupied HU | 3,183 (29.4%) |
| Vacant Housing Units | 1,050 ( 9.7%) |
| Median Home Value | $135,944 |
| Average Home Value | $177,967 |
Housing Distribution
Address Breakdown
Residential
10,038
Single Family
9,470
Multi-Family
568
Businesses
561
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