5 Walnut StRichfield SpringsNY13407
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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 Richfield Springs at 5 Walnut St, Richfield Springs, NY, 13407 offers a 9.73% rental yield on a $114,900 purchase with $932/mo rent. Total monthly income registers $932/mo, and a $562/mo payment leaves $165/mo available for distribution. Annual cash flow reaches $1,981/yr on $38,089 to close, and return on cash invested stands at 25.11% in year one. Equity gained on principal adds $741/yr while 5% annual appreciation supports $31,745 over five years. Portfolio math shows five-year ROI at 131.47% and total cumulative return in cash at $50,078. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $932/mo property income against a $562/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1800
6,141 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13407, Mohawk, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,420 (100%) |
| Owner Occupied HU | 1,566 (64.7%) |
| Renter Occupied HU | 585 (24.2%) |
| Vacant Housing Units | 269 (11.1%) |
| Median Home Value | $163,484 |
| Average Home Value | $217,225 |
Housing Distribution
Address Breakdown
Residential
2,194
Single Family
2,153
Multi-Family
41
Businesses
113
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Listed by: Rebecca Smith • Accent Brokerage, Inc.
Mls Name: NYSAMLSs
Mls ID: #S1656833