7614 Main StreetHunterNY12442
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 Hunter at 7614 Main Street, Hunter, NY, 12442 offers $4,081/mo rent that, after a $2,643/mo payment, leaves $475/mo cash flow. Total monthly income is $4,081/mo, and annual cash flow is $5,700/yr on $177,660 cash. Return on cash invested measures 23.27% in year one, and rental yield stands at 9.07% at a $539,999 entry. Equity gained on principal adds $3,485/yr while 5% annual appreciation compounds into $149,192 by year five. Five-year ROI records 121.47% and total cumulative return in cash reaches $215,798. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,081/mo property income versus a $2,643/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1924
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12442, Hunter, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,196 (100%) |
| Owner Occupied HU | 314 (26.3%) |
| Renter Occupied HU | 122 (10.2%) |
| Vacant Housing Units | 760 (63.5%) |
| Median Home Value | $365,625 |
| Average Home Value | $436,003 |
Housing Distribution
Address Breakdown
Residential
111
Single Family
111
Multi-Family
0
Businesses
66
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