844 Ridge RdFineNY13639
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 Fine at 844 Ridge Rd, Fine, NY, 13639 earns $187/mo cash flow from $1,115/mo rent with a $680/mo payment. Total monthly income totals $1,115/mo, and annual cash flow totals $2,245/yr on $46,079 capital. ROI tracks 24.78% on current figures, and rental yield reads 9.63% at a $139,000 purchase. Equity gained on principal adds $897/yr, and 5% annual appreciation supports $38,403 over five years. Five-year ROI reaches 129.68% and total cumulative return in cash sums $59,756. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,115/mo property income instead of your personal income.
Manufactured
Built in 1998
1.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13639, Fine, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 66 (100%) |
| Owner Occupied HU | 41 (62.1%) |
| Renter Occupied HU | 7 (10.6%) |
| Vacant Housing Units | 18 (27.3%) |
| Median Home Value | $114,583 |
| Average Home Value | $259,024 |
Housing Distribution
Address Breakdown
Residential
11
Single Family
11
Multi-Family
0
Businesses
6
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rick D. Cutway • T.L.C. Real Estate, LLC
Mls Name: SLCMLS
Mls Provider:
Mls ID: #51239
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.