6695 State Route 5 HwyVernonNY13476
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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 Vernon at 6695 State Route 5 Hwy, Vernon, NY, 13476 listed at $299,000 pairs $1,260/mo rent with a $1,463/mo payment. Total monthly income runs $1,260/mo. Return on cash invested measures 11% in year one, and rental yield registers 5.06% at a $299,000 basis. Equity gained on principal adds $1,929/yr, and annual property appreciation at 5% supports $82,608 by year five. Five-year ROI tracks 55.69% and total cumulative return in cash totals $55,198. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,260/mo property income relative to a $1,463/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1978
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13476, Vernon, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,472 (100%) |
| Owner Occupied HU | 940 (63.9%) |
| Renter Occupied HU | 423 (28.7%) |
| Vacant Housing Units | 109 ( 7.4%) |
| Median Home Value | $200,743 |
| Average Home Value | $237,830 |
Housing Distribution
Address Breakdown
Residential
1,096
Single Family
1,026
Multi-Family
70
Businesses
88
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Nearby investment properties with comparable prices
Listed by: David J Hoke • Hoke Properties, LLC
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #S1565605
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