9137 Dole RdRemsenNY13438
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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 Remsen at 9137 Dole Rd, Remsen, NY, 13438 uses $52,709 cash to close to unlock $1,601/yr annual cash flow and $133/mo monthly cash flow. Total monthly income runs $1,195/mo, and a $778/mo payment keeps the spread at $133/mo. Purchase price stands at $159,000, and rental yield measures 9.02% with $1,195/mo rent. Return on cash invested shows 22.95% in year one, and 5% annual appreciation builds toward $43,929 over five years. Five-year ROI reaches 119.82% and total cumulative return in cash records $63,156. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,195/mo property income covering a $778/mo payment rather than investor’s personal income.
Manufactured
Built in 1985
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13438, Remsen, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,208 (100%) |
| Owner Occupied HU | 1,352 (61.2%) |
| Renter Occupied HU | 248 (11.2%) |
| Vacant Housing Units | 608 (27.5%) |
| Median Home Value | $245,759 |
| Average Home Value | $307,946 |
Housing Distribution
Address Breakdown
Residential
1,454
Single Family
1,454
Multi-Family
0
Businesses
47
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