501 Birch StreetCraryvilleNY12521
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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 Craryville at 501 Birch Street, Craryville, NY, 12521 priced at $1,475,000 converts $6,600/mo rent into after a $7,219/mo obligation. Total monthly income equals $6,600/mo. Return on cash invested prints 12.21% in year one, and rental yield reads 5.37% against a $1,475,000 entry. Equity gained on principal adds $9,518/yr, while 5% annual appreciation compiles into $407,515 by year five. Five-year ROI reaches 62.12% and total cumulative return in cash sums $296,866. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,600/mo property income covering a $7,219/mo payment, not borrower’s personal income.
Single Family
Built in 2022
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12521, Craryville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,072 (100%) |
| Owner Occupied HU | 553 (51.6%) |
| Renter Occupied HU | 138 (12.9%) |
| Vacant Housing Units | 381 (35.5%) |
| Median Home Value | $470,635 |
| Average Home Value | $587,120 |
Housing Distribution
Address Breakdown
Residential
816
Single Family
816
Multi-Family
0
Businesses
43
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Listed by: Gerard Meenagh • The Meenagh Group Realty
Mls Name: HVCRMLS
Mls ID: #20255451