48 Antone Mt RoadCorinthNY12822
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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
Rental property for sale in Corinth at 48 Antone Mt Road, Corinth, NY, 12822 priced at $239,900 converts $1,834/mo rent into $232/mo cash flow after a $1,174/mo obligation. Total monthly income equals $1,834/mo, and annual cash flow totals $2,786/yr on $79,527 invested. Return on cash invested prints 23.41% in year one, and rental yield reads 9.17% against a $239,900 entry. Equity gained on principal adds $1,548/yr, while 5% annual appreciation compiles into $66,280 by year five. Five-year ROI reaches 122.32% and total cumulative return in cash sums $97,279. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,834/mo property income covering a $1,174/mo payment, not borrower’s personal income.
Single Family
Built in 1983
1.23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12822, Corinth, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,046 (100%) |
| Owner Occupied HU | 1,775 (58.3%) |
| Renter Occupied HU | 661 (21.7%) |
| Vacant Housing Units | 610 (20.0%) |
| Median Home Value | $224,868 |
| Average Home Value | $315,056 |
Housing Distribution
Address Breakdown
Residential
2,697
Single Family
2,642
Multi-Family
55
Businesses
84
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