622 John StClaytonNY13624
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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 Clayton at 622 John St, Clayton, NY, 13624 priced at $394,500 converts $2,154/mo rent into after a $1,931/mo obligation. Total monthly income equals $2,154/mo. Return on cash invested prints 15.5% in year one, and rental yield reads 6.55% against a $394,500 entry. Equity gained on principal adds $2,546/yr, while 5% annual appreciation compiles into $108,993 by year five. Five-year ROI reaches 79.84% and total cumulative return in cash sums $104,417. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,154/mo property income covering a $1,931/mo payment, not borrower’s personal income.
Multi Family
Built in 1880
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13624, Clayton, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,667 (100%) |
| Owner Occupied HU | 1,486 (40.5%) |
| Renter Occupied HU | 567 (15.5%) |
| Vacant Housing Units | 1,614 (44.0%) |
| Median Home Value | $278,613 |
| Average Home Value | $360,315 |
Housing Distribution
Address Breakdown
Residential
2,615
Single Family
2,522
Multi-Family
93
Businesses
220
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