64 Beech StJayNY12941
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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 Jay at 64 Beech St, Jay, NY, 12941 priced at $235,000 converts $1,635/mo rent into $66/mo cash flow after a $1,150/mo obligation. Total monthly income equals $1,635/mo, and annual cash flow totals $791/yr on $77,903 invested. Return on cash invested prints 20.92% in year one, and rental yield reads 8.35% against a $235,000 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation compiles into $64,926 by year five. Five-year ROI reaches 108.91% and total cumulative return in cash sums $84,844. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,635/mo property income covering a $1,150/mo payment, not borrower’s personal income.
Single Family
Built in 1964
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12941, Jay, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 920 (100%) |
| Owner Occupied HU | 505 (54.9%) |
| Renter Occupied HU | 97 (10.5%) |
| Vacant Housing Units | 318 (34.6%) |
| Median Home Value | $233,631 |
| Average Home Value | $317,817 |
Housing Distribution
Address Breakdown
Residential
607
Single Family
607
Multi-Family
0
Businesses
19
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Listed by: Amy Shalton • B.A. Straight Real Estate
Mls Name: ACVMLS
Mls Provider:
Mls ID: #178414
Disclaimer: Listing data courtesy of the Internet Data Exchange (IDX) Program of the Adirondack Champlain Valley Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information deemed reliable but not guaranteed.