7166 State Route 40ArgyleNY12809
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
Rental property for sale in Argyle at 7166 State Route 40, Argyle, NY, 12809 generates $3,509/mo in rent and, after a $729/mo payment, leaves $2,514/mo in cash flow. Total monthly income is $3,509/mo, and annual cash flow is $30,171/yr on $49,394 invested. Return on cash invested sits at 80.99% in year one, and rental yield is 28.26% on a $149,000 entry. Equity gained on principal adds $961/yr, while 5% annual appreciation builds toward $41,166 over five years. Five-year ROI reaches 431.12% and total cumulative return in cash sums $212,944. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,509/mo property income rather than buyer’s personal income.
Single Family
Built in 1850
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12809, Argyle, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,873 (100%) |
| Owner Occupied HU | 1,233 (65.8%) |
| Renter Occupied HU | 182 ( 9.7%) |
| Vacant Housing Units | 458 (24.5%) |
| Median Home Value | $229,795 |
| Average Home Value | $297,466 |
Housing Distribution
Address Breakdown
Residential
1,358
Single Family
1,358
Multi-Family
0
Businesses
51
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices