48814 County Route 1RedwoodNY13679
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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 Redwood at 48814 County Route 1, Redwood, NY, 13679 uses $39,780 cash to close to unlock $1,704/yr annual cash flow and $142/mo monthly cash flow. Total monthly income runs $943/mo, and a $587/mo payment keeps the spread at $142/mo. Purchase price stands at $120,000, and rental yield measures 9.43% with $943/mo rent. Return on cash invested shows 24.19% in year one, and 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 126.44% and total cumulative return in cash records $50,299. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $943/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 1960
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13679, Redwood, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,701 (100%) |
| Owner Occupied HU | 576 (33.9%) |
| Renter Occupied HU | 119 ( 7.0%) |
| Vacant Housing Units | 1,006 (59.1%) |
| Median Home Value | $208,519 |
| Average Home Value | $245,924 |
Housing Distribution
Address Breakdown
Residential
861
Single Family
803
Multi-Family
58
Businesses
23
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