7 Clemons DrFultonNY13069
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Fulton at 7 Clemons Dr, Fulton, NY, 13069 generates $1,160/mo in rent and, after a $734/mo payment, leaves $159/mo in cash flow. Total monthly income is $1,160/mo, and annual cash flow is $1,902/yr on $49,725 invested. Return on cash invested sits at 23.73% in year one, and rental yield is 9.28% on a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 124.05% and total cumulative return in cash sums $61,686. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,160/mo property income rather than buyer’s personal income.
Single Family
Built in 1951
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13069, Fulton, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,840 (100%) |
| Owner Occupied HU | 6,607 (61.0%) |
| Renter Occupied HU | 3,183 (29.4%) |
| Vacant Housing Units | 1,050 ( 9.7%) |
| Median Home Value | $135,944 |
| Average Home Value | $177,967 |
Housing Distribution
Address Breakdown
Residential
10,038
Single Family
9,470
Multi-Family
568
Businesses
561
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices