689 Glen RdJayNY12941
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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 Jay at 689 Glen Rd, Jay, NY, 12941 generates $1,690/mo in rent and, after a $857/mo payment, leaves $521/mo in cash flow. Total monthly income is $1,690/mo, and annual cash flow is $6,251/yr on $58,013 invested. Return on cash invested sits at 30.68% in year one, and rental yield is 11.59% on a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 161.25% and total cumulative return in cash sums $93,547. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,690/mo property income rather than buyer’s personal income.
Single Family
Built in 1951
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12941, Jay, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 920 (100%) |
| Owner Occupied HU | 505 (54.9%) |
| Renter Occupied HU | 97 (10.5%) |
| Vacant Housing Units | 318 (34.6%) |
| Median Home Value | $233,631 |
| Average Home Value | $317,817 |
Housing Distribution
Address Breakdown
Residential
607
Single Family
607
Multi-Family
0
Businesses
19
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