48 Collins RdEldredNY12732
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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 Eldred at 48 Collins Rd, Eldred, NY, 12732 listed at $117,900 pairs $1,828/mo rent with a $577/mo payment to leave $1,041/mo cash flow. Total monthly income runs $1,828/mo, and annual cash flow reaches $12,489/yr on $39,084 cash to close. Return on cash invested measures 51.86% in year one, and rental yield registers 18.61% at a $117,900 basis. Equity gained on principal adds $761/yr, and annual property appreciation at 5% supports $32,574 by year five. Five-year ROI tracks 274.88% and total cumulative return in cash totals $107,432. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,828/mo property income relative to a $577/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1973
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12732, Eldred, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 628 (100%) |
| Owner Occupied HU | 312 (49.7%) |
| Renter Occupied HU | 75 (11.9%) |
| Vacant Housing Units | 241 (38.4%) |
| Median Home Value | $450,980 |
| Average Home Value | $487,428 |
Housing Distribution
Address Breakdown
Residential
305
Single Family
305
Multi-Family
0
Businesses
44
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