70 Evans RdHermonNY13652
Nearby investment properties with comparable rents
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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 Hermon at 70 Evans Rd, Hermon, NY, 13652 priced at $495,000 converts $1,442/mo rent into after a $2,423/mo obligation. Total monthly income equals $1,442/mo. Return on cash invested prints 6.28% in year one, and rental yield reads 3.5% against a $495,000 entry. Equity gained on principal adds $3,194/yr, while 5% annual appreciation compiles into $136,759 by year five. Five-year ROI reaches 30.41% and total cumulative return in cash sums $49,906. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,442/mo property income covering a $2,423/mo payment, not borrower’s personal income.
Single Family
Built in 2009
134.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13652, Hermon, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,101 (100%) |
| Owner Occupied HU | 640 (58.1%) |
| Renter Occupied HU | 132 (12.0%) |
| Vacant Housing Units | 329 (29.9%) |
| Median Home Value | $122,000 |
| Average Home Value | $165,918 |
Housing Distribution
Address Breakdown
Residential
708
Single Family
692
Multi-Family
16
Businesses
17
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