9 Shone CirMendonNY14506
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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
Rental property for sale in Mendon at 9 Shone Cir, Mendon, NY, 14506 priced at $1,139,000 pairs $2,160/mo rent with after a $5,575/mo payment. Total monthly income equals $2,160/mo. Return on cash invested is 2.66% in year one, and rental yield stands at 2.28% on a $1,139,000 basis. Equity gained on principal adds $7,350/yr, and 5% annual appreciation accumulates to $314,685 by year five. Five-year ROI measures 10.91% and total cumulative return in cash reaches $40,248. For financing, Ziffy Mortgage’s DSCR program evaluates $2,160/mo property income against a $5,575/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
1.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14506, Mendon, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 485 (100%) |
| Owner Occupied HU | 444 (91.5%) |
| Renter Occupied HU | 27 ( 5.6%) |
| Vacant Housing Units | 14 ( 2.9%) |
| Median Home Value | $390,654 |
| Average Home Value | $455,130 |
Housing Distribution
Address Breakdown
Residential
443
Single Family
443
Multi-Family
0
Businesses
112
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Listed by: Alan J. Wood • RE/MAX Plus
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #R1517957
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