5030 State Route 213OliveNY12461
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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 Olive at 5030 State Route 213, Olive, NY, 12461 offers a 6.5% rental yield on a $629,900 purchase with $3,413/mo rent. 47% in year one. Equity gained on principal adds $4,065/yr while 5% annual appreciation supports $174,030 over five years. Portfolio math shows five-year ROI at 79.63% and total cumulative return in cash at $165,015. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,413/mo property income against a $3,083/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1925
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12461, Olivebridge, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,047 (100%) |
| Owner Occupied HU | 625 (59.7%) |
| Renter Occupied HU | 146 (13.9%) |
| Vacant Housing Units | 276 (26.4%) |
| Median Home Value | $457,207 |
| Average Home Value | $538,176 |
Housing Distribution
Address Breakdown
Residential
837
Single Family
837
Multi-Family
0
Businesses
25
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