








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Apalachin at 738 Forest Hill Rd, Apalachin, NY, 13732 offers $1,470/mo rent that, after a $1,468/mo payment. Total monthly income is $1,470/mo. Return on cash invested measures 13.48% in year one, and rental yield stands at 5.88% at a $299,900 entry. Equity gained on principal adds $1,935/yr while 5% annual appreciation compounds into $82,857 by year five. Five-year ROI records 69.04% and total cumulative return in cash reaches $68,632. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,470/mo property income versus a $1,468/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
1.83 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 13732, Apalachin, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,138 (100%) |
| Owner Occupied HU | 2,513 (80.1%) |
| Renter Occupied HU | 410 (13.1%) |
| Vacant Housing Units | 215 ( 6.9%) |
| Median Home Value | $194,458 |
| Average Home Value | $240,894 |
Residential
3,067
Single Family
3,043
Multi-Family
24
Businesses
127
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Derek Andreasen • HOWARD HANNA
Mls Name: GBMLS
Mls ID: #332156