92 Riddle RoadMinevilleNY12956
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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 Mineville at 92 Riddle Road, Mineville, NY, 12956 listed at $219,999 pairs $2,062/mo rent with a $1,077/mo payment to leave $593/mo cash flow. Total monthly income runs $2,062/mo, and annual cash flow reaches $7,112/yr on $72,930 cash to close. Return on cash invested measures 29.66% in year one, and rental yield registers 11.25% at a $219,999 basis. Equity gained on principal adds $1,420/yr, and annual property appreciation at 5% supports $60,782 by year five. Five-year ROI tracks 155.79% and total cumulative return in cash totals $113,615. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,062/mo property income relative to a $1,077/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1982
4.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12956, Mineville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 574 (100%) |
| Owner Occupied HU | 361 (62.9%) |
| Renter Occupied HU | 113 (19.7%) |
| Vacant Housing Units | 100 (17.4%) |
| Median Home Value | $124,167 |
| Average Home Value | $205,533 |
Housing Distribution
Address Breakdown
Residential
397
Single Family
397
Multi-Family
0
Businesses
9
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