7315 State Route 29DolgevilleNY13329
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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 Dolgeville at 7315 State Route 29, Dolgeville, NY, 13329 generates $1,170/mo in rent, after a $905/mo payment. Total monthly income is $1,170/mo. Return on cash invested sits at 18.64% in year one, and rental yield is 7.59% on a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 96.74% and total cumulative return in cash sums $59,331. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,170/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13329, Dolgeville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,952 (100%) |
| Owner Occupied HU | 1,167 (59.8%) |
| Renter Occupied HU | 443 (22.7%) |
| Vacant Housing Units | 342 (17.5%) |
| Median Home Value | $128,656 |
| Average Home Value | $164,439 |
Housing Distribution
Address Breakdown
Residential
1,585
Single Family
1,541
Multi-Family
44
Businesses
110
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Listed by: Sharon Baisley • UNITED COUNTRY REAL ESTATE
Mls Name: NY State MLS
Mls ID: #11557092