9 E Lake RdCohoctonNY14826
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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 Cohocton at 9 E Lake Rd, Cohocton, NY, 14826 earns from $1,194/mo rent with a $1,174/mo payment. Total monthly income totals $1,194/mo. ROI tracks 13.76% on current figures, and rental yield reads 5.97% at a $239,900 purchase. Equity gained on principal adds $1,548/yr, and 5% annual appreciation supports $66,280 over five years. Five-year ROI reaches 70.54% and total cumulative return in cash sums $56,095. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,194/mo property income instead of your personal income.
Single Family
Built in 1956
522.72 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14826, Cohocton, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,107 (100%) |
| Owner Occupied HU | 735 (66.4%) |
| Renter Occupied HU | 144 (13.0%) |
| Vacant Housing Units | 228 (20.6%) |
| Median Home Value | $120,964 |
| Average Home Value | $167,844 |
Housing Distribution
Address Breakdown
Residential
845
Single Family
845
Multi-Family
0
Businesses
36
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