55 1/2 N Helmer AveDolgevilleNY13329
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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 Dolgeville at 55 1/2 N Helmer Ave, Dolgeville, NY, 13329 listed at $114,500 pairs $1,170/mo rent with a $560/mo payment to leave $406/mo cash flow. Total monthly income runs $1,170/mo, and annual cash flow reaches $4,870/yr on $37,957 cash to close. Return on cash invested measures 32.74% in year one, and rental yield registers 12.26% at a $114,500 basis. Equity gained on principal adds $739/yr, and annual property appreciation at 5% supports $31,634 by year five. Five-year ROI tracks 172.29% and total cumulative return in cash totals $65,396. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,170/mo property income relative to a $560/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1920
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13329, Dolgeville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,952 (100%) |
| Owner Occupied HU | 1,167 (59.8%) |
| Renter Occupied HU | 443 (22.7%) |
| Vacant Housing Units | 342 (17.5%) |
| Median Home Value | $128,656 |
| Average Home Value | $164,439 |
Housing Distribution
Address Breakdown
Residential
1,585
Single Family
1,541
Multi-Family
44
Businesses
110
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Listed by: Michael J Miner • Miner Realty & Prop Management
Mls Name: NYSAMLSs
Mls ID: #S1613915