4793 Route 374MerrillNY12955
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Investment Highlights
Rental property for sale in Merrill at 4793 Route 374, Merrill, NY, 12955 generates $0/mo in rent, after a $781/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -4.27% in year one, and rental yield is 0% on a $159,500 entry. Equity gained on principal adds $1,029/yr, while 5% annual appreciation builds toward $44,067 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
1.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12955, Lyon Mountain, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 367 (100%) |
| Owner Occupied HU | 143 (39.0%) |
| Renter Occupied HU | 32 ( 8.7%) |
| Vacant Housing Units | 192 (52.3%) |
| Median Home Value | $232,895 |
| Average Home Value | $280,297 |
Housing Distribution
Address Breakdown
Residential
223
Single Family
223
Multi-Family
0
Businesses
4
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Nicholas Buccellato • RE/MAX North Country
Mls Name: ACVMLS
Mls Provider:
Mls ID: #202560
Disclaimer: Listing data courtesy of the Internet Data Exchange (IDX) Program of the Adirondack Champlain Valley Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information deemed reliable but not guaranteed.