58 Coulon Drive Prvt #1ParishvilleNY13672
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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 Parishville at 58 Coulon Drive Prvt #1, Parishville, NY, 13672 offers a 12.17% rental yield on a $129,000 purchase with $1,308/mo rent. Total monthly income registers $1,308/mo, and a $631/mo payment leaves $447/mo available for distribution. Annual cash flow reaches $5,363/yr on $42,764 to close, and return on cash invested stands at 32.45% in year one. Equity gained on principal adds $832/yr while 5% annual appreciation supports $35,640 over five years. Portfolio math shows five-year ROI at 170.73% and total cumulative return in cash at $73,009. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,308/mo property income against a $631/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Lot
Built in 1970
5,623 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13672, Parishville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 424 (100%) |
| Owner Occupied HU | 185 (43.6%) |
| Renter Occupied HU | 42 ( 9.9%) |
| Vacant Housing Units | 197 (46.5%) |
| Median Home Value | $189,583 |
| Average Home Value | $322,635 |
Housing Distribution
Address Breakdown
Residential
156
Single Family
136
Multi-Family
20
Businesses
11
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Listed by: Erin E Meyer • Meyer Real Estate, LLC.
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #S1518475
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