766 Mountain Brook RoadBovina CenterNY13740
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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
Investment property for sale in Bovina Center at 766 Mountain Brook Road, Bovina Center, NY, 13740 offers a 1.93% rental yield on a $1,850,000 purchase with $2,981/mo rent. 6% in year one. Equity gained on principal adds $11,938/yr while 5% annual appreciation supports $511,121 over five years. Portfolio math shows five-year ROI at 5.24% and total cumulative return in cash at $31,405. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,981/mo property income against a $9,055/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1845
211 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13740, Bovina Center, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 512 (100%) |
| Owner Occupied HU | 253 (49.4%) |
| Renter Occupied HU | 24 ( 4.7%) |
| Vacant Housing Units | 235 (45.9%) |
| Median Home Value | $386,364 |
| Average Home Value | $474,822 |
Housing Distribution
Address Breakdown
Residential
250
Single Family
250
Multi-Family
0
Businesses
21
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Listed by: Jeffrey Ashton • Coldwell Banker Timberland Pro
Mls Name: HVCRMLS
Mls ID: #20251587