7906 E Ridge Pointe DrFayettevilleNY13066
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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 Fayetteville at 7906 E Ridge Pointe Dr, Fayetteville, NY, 13066 generates $2,660/mo in rent, after a $2,149/mo payment. Total monthly income is $2,660/mo. Return on cash invested sits at 17.67% in year one, and rental yield is 7.27% on a $439,000 entry. Equity gained on principal adds $2,833/yr, while 5% annual appreciation builds toward $121,288 over five years. Five-year ROI reaches 91.48% and total cumulative return in cash sums $133,124. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,660/mo property income rather than buyer’s personal income.
Single Family
Built in 1992
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13066, Fayetteville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,822 (100%) |
| Owner Occupied HU | 4,248 (73.0%) |
| Renter Occupied HU | 1,261 (21.7%) |
| Vacant Housing Units | 313 ( 5.4%) |
| Median Home Value | $313,571 |
| Average Home Value | $370,514 |
Housing Distribution
Address Breakdown
Residential
5,684
Single Family
4,974
Multi-Family
710
Businesses
482
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Listed by: Lori A. Harrington • Howard Hanna Real Estate
Mls Name: NYSAMLSs
Mls ID: #S1635469