5 Bede TerraceCornwallNY12518
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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 Cornwall at 5 Bede Terrace, Cornwall, NY, 12518 offers a 8.47% rental yield on a $595,000 purchase with $4,200/mo rent. Total monthly income registers $4,200/mo, and a $2,912/mo payment leaves $227/mo available for distribution. Annual cash flow reaches $2,723/yr on $195,755 to close, and return on cash invested stands at 21.45% in year one. Equity gained on principal adds $3,839/yr while 5% annual appreciation supports $164,388 over five years. Portfolio math shows five-year ROI at 111.72% and total cumulative return in cash at $218,702. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,200/mo property income against a $2,912/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1902
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12518, Cornwall, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,731 (100%) |
| Owner Occupied HU | 1,695 (62.1%) |
| Renter Occupied HU | 885 (32.4%) |
| Vacant Housing Units | 151 ( 5.5%) |
| Median Home Value | $482,821 |
| Average Home Value | $545,888 |
Housing Distribution
Address Breakdown
Residential
2,296
Single Family
1,997
Multi-Family
299
Businesses
266
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