628 County Rte 24CorinthNY12822
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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 Corinth at 628 County Rte 24, Corinth, NY, 12822 earns from $1,194/mo rent with a $1,497/mo payment. Total monthly income totals $1,194/mo. ROI tracks 9.87% on current figures, and rental yield reads 4.68% at a $305,900 purchase. Equity gained on principal adds $1,974/yr, and 5% annual appreciation supports $84,515 over five years. Five-year ROI reaches 49.66% and total cumulative return in cash sums $50,356. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,194/mo property income instead of your personal income.
Single Family
Built in 1986
1.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12822, Corinth, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,046 (100%) |
| Owner Occupied HU | 1,775 (58.3%) |
| Renter Occupied HU | 661 (21.7%) |
| Vacant Housing Units | 610 (20.0%) |
| Median Home Value | $224,868 |
| Average Home Value | $315,056 |
Housing Distribution
Address Breakdown
Residential
2,697
Single Family
2,642
Multi-Family
55
Businesses
84
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