8178 State St #28ProspectNY13435
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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 Prospect at 8178 State St #28, Prospect, NY, 13435 offers a 6.33% rental yield on a $661,400 purchase with $3,490/mo rent. 95% in year one. Equity gained on principal adds $4,268/yr while 5% annual appreciation supports $182,733 over five years. Portfolio math shows five-year ROI at 76.87% and total cumulative return in cash at $167,273. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,490/mo property income against a $3,237/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13435, Prospect, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 120 (100%) |
| Owner Occupied HU | 96 (80.0%) |
| Renter Occupied HU | 12 ( 10.0%) |
| Vacant Housing Units | 12 ( 10.0%) |
| Median Home Value | $242,424 |
| Average Home Value | $354,583 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
8
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