7 The ConcourseNivervilleNY12130
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
Investment property for sale in Niverville at 7 The Concourse, Niverville, NY, 12130 uses $125,639 cash to close to unlock $469/yr annual cash flow and $39/mo monthly cash flow. Total monthly income runs $2,570/mo, and a $1,855/mo payment keeps the spread at $39/mo. Purchase price stands at $379,000, and rental yield measures 8.14% with $2,570/mo rent. Return on cash invested shows 20.28% in year one, and 5% annual appreciation builds toward $104,711 over five years. Five-year ROI reaches 105.51% and total cumulative return in cash records $132,563. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,570/mo property income covering a $1,855/mo payment rather than investor’s personal income.
Single Family
Built in 2004
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12130, Niverville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 422 (100%) |
| Owner Occupied HU | 279 (66.1%) |
| Renter Occupied HU | 46 (10.9%) |
| Vacant Housing Units | 97 (23.0%) |
| Median Home Value | $381,977 |
| Average Home Value | $421,443 |
Housing Distribution
Address Breakdown
Residential
244
Single Family
244
Multi-Family
0
Businesses
25
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Philip Feiner • Country Life Real Estate
Mls Name: Global MLS
Mls ID: #202528644