7132 State Route 11ChurubuscoNY12923
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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 Churubusco at 7132 State Route 11, Churubusco, NY, 12923 offers a 0% rental yield on a $139,999 purchase with $0/mo rent. 26% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,679 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12923, Churubusco, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 391 (100%) |
| Owner Occupied HU | 202 (51.7%) |
| Renter Occupied HU | 55 (14.1%) |
| Vacant Housing Units | 134 (34.3%) |
| Median Home Value | $178,571 |
| Average Home Value | $292,104 |
Housing Distribution
Address Breakdown
Residential
242
Single Family
234
Multi-Family
8
Businesses
9
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No similar rental properties found nearby.
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Listed by: Conor Gordon • Backus Real Estate, Inc.
Mls Name: ACVMLS
Mls ID: #205708