5 Smith RoadCornwallNY12518
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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 Cornwall at 5 Smith Road, Cornwall, NY, 12518 priced at $415,000 pairs $2,452/mo rent with after a $2,031/mo payment. Total monthly income equals $2,452/mo. Return on cash invested is 17.13% in year one, and rental yield stands at 7.09% on a $415,000 basis. Equity gained on principal adds $2,678/yr, and 5% annual appreciation accumulates to $114,657 by year five. Five-year ROI measures 88.56% and total cumulative return in cash reaches $121,833. For financing, Ziffy Mortgage’s DSCR program evaluates $2,452/mo property income against a $2,031/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1952
6,098 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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