703 Powers RdConklinNY13748
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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
Investment property for sale in Conklin at 703 Powers Rd, Conklin, NY, 13748 listed at $103,481 pairs $785/mo rent with a $506/mo payment to leave $94/mo cash flow. Total monthly income runs $785/mo, and annual cash flow reaches $1,134/yr on $34,304 cash to close. Return on cash invested measures 23.21% in year one, and rental yield registers 9.1% at a $103,481 basis. Equity gained on principal adds $668/yr, and annual property appreciation at 5% supports $28,590 by year five. Five-year ROI tracks 121.26% and total cumulative return in cash totals $41,597. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $785/mo property income relative to a $506/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1992
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13748, Conklin, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,594 (100%) |
| Owner Occupied HU | 1,202 (75.4%) |
| Renter Occupied HU | 256 (16.1%) |
| Vacant Housing Units | 136 ( 8.5%) |
| Median Home Value | $153,971 |
| Average Home Value | $207,069 |
Housing Distribution
Address Breakdown
Residential
1,476
Single Family
1,435
Multi-Family
41
Businesses
83
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Listed by: Joseph E Gehl • GEHLCO REALTY
Mls Name: GBMLS
Mls Provider:
Mls ID: #331901
Disclaimer: 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.