7214 Irish Settlement RdForestportNY13338
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
Investment property for sale in Forestport at 7214 Irish Settlement Rd, Forestport, NY, 13338 offers a 20.45% rental yield on a $169,000 purchase with $2,880/mo rent. Total monthly income registers $2,880/mo, and a $827/mo payment leaves $1,752/mo available for distribution. Annual cash flow reaches $21,019/yr on $56,024 to close, and return on cash invested stands at 57.43% in year one. Equity gained on principal adds $1,091/yr while 5% annual appreciation supports $46,692 over five years. Portfolio math shows five-year ROI at 304.71% and total cumulative return in cash at $170,707. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,880/mo property income against a $827/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13338, Forestport, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,530 (100%) |
| Owner Occupied HU | 525 (34.3%) |
| Renter Occupied HU | 53 ( 3.5%) |
| Vacant Housing Units | 952 (62.2%) |
| Median Home Value | $257,051 |
| Average Home Value | $290,062 |
Housing Distribution
Address Breakdown
Residential
611
Single Family
611
Multi-Family
0
Businesses
33
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Natalie Roth • Benn Realty-Remsen
Mls Name: NYSAMLSs
Mls ID: #S1640669