65 Joy RdNorfolkNY13667
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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 Norfolk at 65 Joy Rd, Norfolk, NY, 13667 at $245,000 posts ROI 28.63% with $590/mo cash flow from $2,226/mo rent. Total monthly income equals $2,226/mo, and annual cash flow records $7,081/yr on $81,218 to close. Return on cash invested measures 28.63% and rental yield reads 10.9% at the current $245,000. Equity gained on principal adds $1,581/yr, and 5% annual appreciation supports $67,689 by year five. Five-year ROI prints 150.29% and total cumulative return in cash totals $122,064.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,226/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1995
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13667, Norfolk, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,654 (100%) |
| Owner Occupied HU | 1,087 (65.7%) |
| Renter Occupied HU | 374 (22.6%) |
| Vacant Housing Units | 193 (11.7%) |
| Median Home Value | $150,242 |
| Average Home Value | $207,608 |
Housing Distribution
Address Breakdown
Residential
1,236
Single Family
1,182
Multi-Family
54
Businesses
52
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