5461 Morgan Hill RdScioNY14880
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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 Scio at 5461 Morgan Hill Rd, Scio, NY, 14880 generates $1,702/mo in rent, after a $1,810/mo payment. Total monthly income is $1,702/mo. Return on cash invested sits at 12.4% in year one, and rental yield is 5.52% on a $369,900 entry. Equity gained on principal adds $2,387/yr, while 5% annual appreciation builds toward $102,197 over five years. Five-year ROI reaches 63.22% and total cumulative return in cash sums $77,518. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,702/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
84.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14880, Scio, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 897 (100%) |
| Owner Occupied HU | 555 (61.9%) |
| Renter Occupied HU | 117 (13.0%) |
| Vacant Housing Units | 225 (25.1%) |
| Median Home Value | $112,355 |
| Average Home Value | $129,041 |
Housing Distribution
Address Breakdown
Residential
632
Single Family
632
Multi-Family
0
Businesses
34
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