642 State Route 42Sparrow BushNY12780
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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 Sparrow Bush at 642 State Route 42, Sparrow Bush, NY, 12780 offers a 9.27% rental yield on a $419,000 purchase with $3,236/mo rent. Total monthly income registers $3,236/mo, and a $2,051/mo payment leaves $438/mo available for distribution. Annual cash flow reaches $5,253/yr on $138,899 to close, and return on cash invested stands at 23.69% in year one. Equity gained on principal adds $2,704/yr while 5% annual appreciation supports $115,762 over five years. Portfolio math shows five-year ROI at 123.75% and total cumulative return in cash at $171,893. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,236/mo property income against a $2,051/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1974
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12780, Sparrow Bush, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,090 (100%) |
| Owner Occupied HU | 779 (71.5%) |
| Renter Occupied HU | 187 (17.2%) |
| Vacant Housing Units | 124 (11.4%) |
| Median Home Value | $330,405 |
| Average Home Value | $391,678 |
Housing Distribution
Address Breakdown
Residential
631
Single Family
567
Multi-Family
64
Businesses
40
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Listed by: Dominick J Tufano • RE/MAX Benchmark Realty Group
Mls Name: OneKey MLS
Mls ID: #930988