8393 State Highway 7SchenevusNY12155
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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 Schenevus at 8393 State Highway 7, Schenevus, NY, 12155 uses $38,123 cash to close to unlock $1,595/yr annual cash flow and $133/mo monthly cash flow. Total monthly income runs $901/mo, and a $563/mo payment keeps the spread at $133/mo. Purchase price stands at $115,000, and rental yield measures 9.4% with $901/mo rent. Return on cash invested shows 24.09% in year one, and 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 125.93% and total cumulative return in cash records $48,009. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $901/mo property income covering a $563/mo payment rather than investor’s personal income.
Single Family
Built in 1850
1.23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12155, Schenevus, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,139 (100%) |
| Owner Occupied HU | 634 (55.7%) |
| Renter Occupied HU | 155 (13.6%) |
| Vacant Housing Units | 350 (30.7%) |
| Median Home Value | $203,670 |
| Average Home Value | $237,776 |
Housing Distribution
Address Breakdown
Residential
642
Single Family
642
Multi-Family
0
Businesses
27
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