7789 Mile Strip RdSouth DaytonNY14138
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 South Dayton at 7789 Mile Strip Rd, South Dayton, NY, 14138 generates $1,248/mo in rent, after a $1,028/mo payment. Total monthly income is $1,248/mo. Return on cash invested sits at 17.25% in year one, and rental yield is 7.13% on a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 89.24% and total cumulative return in cash sums $62,128. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,248/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14138, South Dayton, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 832 (100%) |
| Owner Occupied HU | 571 (68.6%) |
| Renter Occupied HU | 142 (17.1%) |
| Vacant Housing Units | 119 (14.3%) |
| Median Home Value | $152,045 |
| Average Home Value | $165,447 |
Housing Distribution
Address Breakdown
Residential
552
Single Family
529
Multi-Family
23
Businesses
30
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: AnnaMarie Bennett • ERA Team VP Real Estate
Mls Name: NYSAMLSs
Mls ID: #R1621796