6432 State Highway 28Fly CreekNY13337
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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 Fly Creek at 6432 State Highway 28, Fly Creek, NY, 13337 uses $205,625 cash to close to unlock $14,645/yr annual cash flow and $1,220/mo monthly cash flow. Total monthly income runs $5,394/mo, and a $3,059/mo payment keeps the spread at $1,220/mo. Purchase price stands at $625,000, and rental yield measures 10.36% with $5,394/mo rent. Return on cash invested shows 27.18% in year one, and 5% annual appreciation builds toward $172,676 over five years. Five-year ROI reaches 142.47% and total cumulative return in cash records $292,945. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,394/mo property income covering a $3,059/mo payment rather than investor’s personal income.
Multi Family
Built in 1960
1.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13337, Fly Creek, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 421 (100%) |
| Owner Occupied HU | 275 (65.3%) |
| Renter Occupied HU | 55 (13.1%) |
| Vacant Housing Units | 91 (21.6%) |
| Median Home Value | $473,636 |
| Average Home Value | $577,555 |
Housing Distribution
Address Breakdown
Residential
299
Single Family
299
Multi-Family
0
Businesses
37
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