51 W Mountain RoadCorinthNY12822
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Nearby investment properties with comparable prices
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 Corinth at 51 W Mountain Road, Corinth, NY, 12822 at $297,000 posts ROI 22.42% with $206/mo cash flow from $2,190/mo rent. Total monthly income equals $2,190/mo, and annual cash flow records $2,476/yr on $98,456 to close. Return on cash invested measures 22.42% and rental yield reads 8.85% at the current $297,000. Equity gained on principal adds $1,916/yr, and 5% annual appreciation supports $82,056 by year five. Five-year ROI prints 117% and total cumulative return in cash totals $115,194.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,190/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2023
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12822, Corinth, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,046 (100%) |
| Owner Occupied HU | 1,775 (58.3%) |
| Renter Occupied HU | 661 (21.7%) |
| Vacant Housing Units | 610 (20.0%) |
| Median Home Value | $224,868 |
| Average Home Value | $315,056 |
Housing Distribution
Address Breakdown
Residential
2,697
Single Family
2,642
Multi-Family
55
Businesses
84
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