474 Austin Ridge RdNorwoodNY13668
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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
Total monthly income runs $2,327/mo, and a $1,957/mo payment. Purchase price stands at $399,900, and rental yield measures 6.98% with $2,327/mo rent. Return on cash invested shows 16.8% in year one, and 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 86.82% and total cumulative return in cash records $115,088. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,327/mo property income covering a $1,957/mo payment rather than investor’s personal income.
Single Family
Built in 1883
150.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13668, Norwood, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,732 (100%) |
| Owner Occupied HU | 1,159 (66.9%) |
| Renter Occupied HU | 389 (22.5%) |
| Vacant Housing Units | 184 (10.6%) |
| Median Home Value | $159,375 |
| Average Home Value | $239,834 |
Housing Distribution
Address Breakdown
Residential
1,373
Single Family
1,315
Multi-Family
58
Businesses
55
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Listed by: David Yelle • Yelle Realty, LLC
Mls Name: SLCMLS
Mls Provider:
Mls ID: #50138
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.