8 Pine StreetGranvilleNY12832
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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 Granville at 8 Pine Street, Granville, NY, 12832 priced at $340,000 converts $2,210/mo rent into after a $1,664/mo obligation. Total monthly income equals $2,210/mo. Return on cash invested prints 19.27% in year one, and rental yield reads 7.8% against a $340,000 entry. Equity gained on principal adds $2,194/yr, while 5% annual appreciation compiles into $93,936 by year five. Five-year ROI reaches 100.03% and total cumulative return in cash sums $112,746. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,210/mo property income covering a $1,664/mo payment, not borrower’s personal income.
Single Family
Built in 1876
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12832, Granville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,102 (100%) |
| Owner Occupied HU | 2,057 (66.3%) |
| Renter Occupied HU | 657 (21.2%) |
| Vacant Housing Units | 388 (12.5%) |
| Median Home Value | $180,170 |
| Average Home Value | $234,281 |
Housing Distribution
Address Breakdown
Residential
2,781
Single Family
2,740
Multi-Family
41
Businesses
162
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