566 Myers RoadHowes CaveNY12092
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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 Howes Cave at 566 Myers Road, Howes Cave, NY, 12092 offers a 0% rental yield on a $485,000 purchase with $0/mo rent. 27% in year one. Equity gained on principal adds $3,130/yr while 5% annual appreciation supports $133,997 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $2,374/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
7.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12092, Howes Cave, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 571 (100%) |
| Owner Occupied HU | 363 (63.6%) |
| Renter Occupied HU | 115 (20.1%) |
| Vacant Housing Units | 93 (16.3%) |
| Median Home Value | $211,275 |
| Average Home Value | $270,062 |
Housing Distribution
Address Breakdown
Residential
471
Single Family
471
Multi-Family
0
Businesses
30
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Listed by: Debra J Stanton • Howard Hanna Capital, Inc.
Mls Name: Global MLS
Mls ID: #202530384