8129 State Highway 28Richfield SpringsNY13439
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
Investment property for sale in Richfield Springs at 8129 State Highway 28, Richfield Springs, NY, 13439 listed at $649,000 pairs $3,098/mo rent with a $3,177/mo payment. Total monthly income runs $3,098/mo. Return on cash invested measures 13.11% in year one, and rental yield registers 5.73% at a $649,000 basis. Equity gained on principal adds $4,188/yr, and annual property appreciation at 5% supports $179,307 by year five. Five-year ROI tracks 67.01% and total cumulative return in cash totals $143,076. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,098/mo property income relative to a $3,177/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2004
7.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13439, Richfield Springs, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,320 (100%) |
| Owner Occupied HU | 1,222 (52.7%) |
| Renter Occupied HU | 354 (15.3%) |
| Vacant Housing Units | 744 (32.1%) |
| Median Home Value | $212,587 |
| Average Home Value | $290,252 |
Housing Distribution
Address Breakdown
Residential
1,223
Single Family
1,199
Multi-Family
24
Businesses
108
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Natasha Selover • Stack-Page Properties
Mls Name: NY State MLS
Mls ID: #11627866