476 Mason StMorrisonvilleNY12962
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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 Morrisonville at 476 Mason St, Morrisonville, NY, 12962 uses $53,040 cash to close to unlock $2,408/yr annual cash flow and $201/mo monthly cash flow. Total monthly income runs $1,269/mo, and a $783/mo payment keeps the spread at $201/mo. Purchase price stands at $160,000, and rental yield measures 9.52% with $1,269/mo rent. Return on cash invested shows 24.45% in year one, and 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 127.83% and total cumulative return in cash records $67,802. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,269/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 1860
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12962, Morrisonville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,372 (100%) |
| Owner Occupied HU | 1,723 (72.6%) |
| Renter Occupied HU | 462 (19.5%) |
| Vacant Housing Units | 187 ( 7.9%) |
| Median Home Value | $248,430 |
| Average Home Value | $265,322 |
Housing Distribution
Address Breakdown
Residential
2,166
Single Family
2,117
Multi-Family
49
Businesses
66
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Listed by: Adisyn Sample • Century 21 The One
Mls Name: ACVMLS
Mls ID: #206291