5179 State Highway 41Smithville flatsNY13841
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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 Smithville flats at 5179 State Highway 41, Smithville flats, NY, 13841 earns $386/mo cash flow from $1,421/mo rent with a $759/mo payment. Total monthly income totals $1,421/mo, and annual cash flow totals $4,627/yr on $51,383 capital. ROI tracks 28.91% on current figures, and rental yield reads 11% at a $155,000 purchase. Equity gained on principal adds $1,000/yr, and 5% annual appreciation supports $42,824 over five years. Five-year ROI reaches 151.81% and total cumulative return in cash sums $78,004. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,421/mo property income instead of your personal income.
Manufactured
Built in 1999
1.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13841, Smithville Flats, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 236 (100%) |
| Owner Occupied HU | 139 (58.9%) |
| Renter Occupied HU | 43 (18.2%) |
| Vacant Housing Units | 54 (22.9%) |
| Median Home Value | $210,714 |
| Average Home Value | $300,414 |
Housing Distribution
Address Breakdown
Residential
163
Single Family
156
Multi-Family
7
Businesses
14
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Listed by: Janice Smith • Howard Hanna
Mls Name: NYSAMLSs
Mls ID: #R1652264