5707 Scenic AveMexicoNY13114
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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 Mexico at 5707 Scenic Ave, Mexico, NY, 13114 generates $1,463/mo in rent, after a $1,689/mo payment. Total monthly income is $1,463/mo. Return on cash invested sits at 11.08% in year one, and rental yield is 5.09% on a $345,000 entry. Equity gained on principal adds $2,226/yr, while 5% annual appreciation builds toward $95,317 over five years. Five-year ROI reaches 56.15% and total cumulative return in cash sums $64,216. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,463/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13114, Mexico, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,188 (100%) |
| Owner Occupied HU | 2,192 (68.8%) |
| Renter Occupied HU | 540 (16.9%) |
| Vacant Housing Units | 456 (14.3%) |
| Median Home Value | $182,785 |
| Average Home Value | $227,645 |
Housing Distribution
Address Breakdown
Residential
2,391
Single Family
2,324
Multi-Family
67
Businesses
126
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