8743 Factory StEvans MillsNY13637
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 8743 Factory St, Evans Mills, NY, 13637 in Evans Mills: $3,295/mo in rent, $871/mo net, 10.89% gross yield, all on a $363,000 acquisition. The 1.91 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $100,290 in value, and $3,043/yr in principal paydown steadily builds equity. Projected total cumulative return: $187,632.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.9% | 6.2% |
| Monthly Cash Flow | $871 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $3,295 |
| Total Monthly Debt Service | $2,368 |
| DSCR Ratio | 1.39x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1977
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13637, Evans Mills, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,611 (100%) |
| Owner Occupied HU | 774 (29.6%) |
| Renter Occupied HU | 1,480 (56.7%) |
| Vacant Housing Units | 357 (13.7%) |
| Median Home Value | $221,495 |
| Average Home Value | $221,567 |
Housing Distribution
Address Breakdown
Residential
2,119
Single Family
1,490
Multi-Family
629
Businesses
112
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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
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Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
