9 Route 9AthensNY12015
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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 Athens at 9 Route 9, Athens, NY, 12015 listed at $152,200 pairs $1,215/mo rent with a $745/mo payment to leave $199/mo cash flow. Total monthly income runs $1,215/mo, and annual cash flow reaches $2,383/yr on $50,454 cash to close. Return on cash invested measures 24.63% in year one, and rental yield registers 9.58% at a $152,200 basis. Equity gained on principal adds $982/yr, and annual property appreciation at 5% supports $42,050 by year five. Five-year ROI tracks 128.86% and total cumulative return in cash totals $65,017. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,215/mo property income relative to a $745/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12015, Athens, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,229 (100%) |
| Owner Occupied HU | 1,314 (59.0%) |
| Renter Occupied HU | 315 (14.1%) |
| Vacant Housing Units | 600 (26.9%) |
| Median Home Value | $322,251 |
| Average Home Value | $391,429 |
Housing Distribution
Address Breakdown
Residential
1,706
Single Family
1,674
Multi-Family
32
Businesses
98
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