709 Route 29 #43Rock City FallsNY12863
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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 Rock City Falls at 709 Route 29 #43, Rock City Falls, NY, 12863 generates $0/mo in rent, after a $660/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -4.26% in year one, and rental yield is 0% on a $134,900 entry. Equity gained on principal adds $870/yr, while 5% annual appreciation builds toward $37,270 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Manufactured
Built in 2016
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12863, Rock City Falls, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 422 (100%) |
| Owner Occupied HU | 341 (80.8%) |
| Renter Occupied HU | 44 (10.4%) |
| Vacant Housing Units | 37 ( 8.8%) |
| Median Home Value | $407,143 |
| Average Home Value | $410,183 |
Housing Distribution
Address Breakdown
Residential
284
Single Family
284
Multi-Family
0
Businesses
12
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No similar rental properties found nearby.
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Listed by: Alec Wright • Hoffman Homes
Mls Name: NY State MLS
Mls ID: #11485707