635 Old State RoadNorthvilleNY12134
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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 Northville at 635 Old State Road, Northville, NY, 12134 priced at $885,000 converts $4,987/mo rent into after a $4,332/mo obligation. Total monthly income equals $4,987/mo. Return on cash invested prints 16.26% in year one, and rental yield reads 6.76% against a $885,000 entry. Equity gained on principal adds $5,711/yr, while 5% annual appreciation compiles into $244,509 by year five. Five-year ROI reaches 83.86% and total cumulative return in cash sums $244,170. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,987/mo property income covering a $4,332/mo payment, not borrower’s personal income.
Single Family
Built in 1935
2.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12134, Northville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,122 (100%) |
| Owner Occupied HU | 1,310 (42.0%) |
| Renter Occupied HU | 324 (10.4%) |
| Vacant Housing Units | 1,488 (47.7%) |
| Median Home Value | $332,301 |
| Average Home Value | $386,294 |
Housing Distribution
Address Breakdown
Residential
1,699
Single Family
1,699
Multi-Family
0
Businesses
117
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Listed by: Sydney Palmatier • Next Chapter Real Estate Advisors LLC
Mls Name: Global MLS
Mls ID: #202529899