5169 Route 374MerrillNY12955
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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 Merrill at 5169 Route 374, Merrill, NY, 12955 generates $3,119/mo in rent and, after a $2,203/mo payment, leaves $114/mo in cash flow. Total monthly income is $3,119/mo, and annual cash flow is $1,362/yr on $149,175 invested. Return on cash invested sits at 20.82% in year one, and rental yield is 8.32% on a $449,999 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation builds toward $124,326 over five years. Five-year ROI reaches 108.38% and total cumulative return in cash sums $161,681. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,119/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12955, Lyon Mountain, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 367 (100%) |
| Owner Occupied HU | 143 (39.0%) |
| Renter Occupied HU | 32 ( 8.7%) |
| Vacant Housing Units | 192 (52.3%) |
| Median Home Value | $232,895 |
| Average Home Value | $280,297 |
Housing Distribution
Address Breakdown
Residential
223
Single Family
223
Multi-Family
0
Businesses
4
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