657 Columbia Center RdMohawkNY13407
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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 Mohawk at 657 Columbia Center Rd, Mohawk, NY, 13407 generates $0/mo in rent, after a $959/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -4.26% in year one, and rental yield is 0% on a $196,000 entry. Equity gained on principal adds $1,265/yr, while 5% annual appreciation builds toward $54,151 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Manufactured
Built in 1977
25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13407, Mohawk, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,420 (100%) |
| Owner Occupied HU | 1,566 (64.7%) |
| Renter Occupied HU | 585 (24.2%) |
| Vacant Housing Units | 269 (11.1%) |
| Median Home Value | $163,484 |
| Average Home Value | $217,225 |
Housing Distribution
Address Breakdown
Residential
2,194
Single Family
2,153
Multi-Family
41
Businesses
113
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No similar rental properties found nearby.
Nearby investment properties with comparable prices