70-74 Fancor RoadClinton CornersNY12514
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 Clinton Corners at 70-74 Fancor Road, Clinton Corners, NY, 12514 at $625,000 posts ROI 65.73% with $7,826/mo cash flow from $12,000/mo rent. Total monthly income equals $12,000/mo, and annual cash flow records $93,917/yr on $205,625 to close. Return on cash invested measures 65.73% and rental yield reads 23.04% at the current $625,000. Equity gained on principal adds $4,033/yr, and 5% annual appreciation supports $172,676 by year five. Five-year ROI prints 349.2% and total cumulative return in cash totals $718,045.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $12,000/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1965
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12514, Clinton Corners, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,389 (100%) |
| Owner Occupied HU | 949 (68.3%) |
| Renter Occupied HU | 225 (16.2%) |
| Vacant Housing Units | 215 (15.5%) |
| Median Home Value | $601,230 |
| Average Home Value | $700,013 |
Housing Distribution
Address Breakdown
Residential
1,259
Single Family
1,259
Multi-Family
0
Businesses
37
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Listed by: Margaret M Mondello • Margaret Mondello Real Estate
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #H6314673
Disclaimer: The data relating to real estate for sale or lease on this web site comes in part from OneKey MLS. Real estate listings held by brokerage firms other than Zillow, Inc are marked with the OneKey MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024 OneKey MLS. All rights reserved.