725 S Hill RdSpencerNY14883
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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 Spencer at 725 S Hill Rd, Spencer, NY, 14883 with 5% annual appreciation on a $650,000 basis while $0/mo rent supports operations. 29% in year one. Equity gained on principal adds $4,194/yr, and five-year appreciation sums $179,583 alongside rental yield of 0%. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $0/mo property income versus a $3,181/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1800
217 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14883, Spencer, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,715 (100%) |
| Owner Occupied HU | 1,140 (66.5%) |
| Renter Occupied HU | 383 (22.3%) |
| Vacant Housing Units | 192 (11.2%) |
| Median Home Value | $191,905 |
| Average Home Value | $236,441 |
Housing Distribution
Address Breakdown
Residential
1,633
Single Family
1,621
Multi-Family
12
Businesses
84
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices