5122 Climax StCastorlandNY13620
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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 Castorland at 5122 Climax St, Castorland, NY, 13620 generates $1,440/mo in rent, after a $1,101/mo payment. Total monthly income is $1,440/mo. Return on cash invested sits at 18.91% in year one, and rental yield is 7.68% on a $224,900 entry. Equity gained on principal adds $1,451/yr, while 5% annual appreciation builds toward $62,136 over five years. Five-year ROI reaches 98.12% and total cumulative return in cash sums $73,153. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,440/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13620, Castorland, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 984 (100%) |
| Owner Occupied HU | 670 (68.1%) |
| Renter Occupied HU | 200 (20.3%) |
| Vacant Housing Units | 114 (11.6%) |
| Median Home Value | $176,205 |
| Average Home Value | $242,011 |
Housing Distribution
Address Breakdown
Residential
765
Single Family
765
Multi-Family
0
Businesses
26
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Listed by: Darren Ashcroft • North Star Real Estate & Prop Mgmt LLC-Carthage
Mls Name: NYSAMLSs
Mls ID: #S1649669