844 Ridge RdFineNY13639
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 844 Ridge Rd, Fine, NY, 13639 in Fine at $139,000 earns $1,115/mo in rent and nets $175/mo after the $625/mo payment, a 9.52% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $38,403 over five years. Ziffy Mortgage underwrites this on a 1.78 DSCR without U.S. credit history. With $1,280/yr in principal paydown, total projected return reaches $65,060.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 6.2% |
| Monthly Cash Flow | $175 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,115 |
| Total Monthly Debt Service | $873 |
| DSCR Ratio | 1.28x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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.