58 Coulon Drive PrvtParishvilleNY13672
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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 Parishville at 58 Coulon Drive Prvt, Parishville, NY, 13672 priced at $129,000 converts $1,924/mo rent into $1,063/mo cash flow after a $631/mo obligation. Total monthly income equals $1,924/mo, and annual cash flow totals $12,755/yr on $42,764 invested. Return on cash invested prints 49.74% in year one, and rental yield reads 17.9% against a $129,000 entry. Equity gained on principal adds $832/yr, while 5% annual appreciation compiles into $35,640 by year five. Five-year ROI reaches 263.41% and total cumulative return in cash sums $112,645. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,924/mo property income covering a $631/mo payment, not borrower’s personal income.
Single Family
Built in 1970
5,227 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: SLCMLS
Mls Provider:
Mls ID: #49244
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.