9212 Cut Off RdCastorlandNY13620
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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 Castorland at 9212 Cut Off Rd, Castorland, NY, 13620 uses $59,637 cash to close to unlock $2,450/yr annual cash flow and $204/mo monthly cash flow. Total monthly income runs $1,406/mo, and a $881/mo payment keeps the spread at $204/mo. Purchase price stands at $179,900, and rental yield measures 9.38% with $1,406/mo rent. Return on cash invested shows 24.02% in year one, and 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 125.58% and total cumulative return in cash records $74,889. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,406/mo property income covering a $881/mo payment rather than investor’s personal income.
Multi Family
Built in 1900
5,100 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13620, Castorland, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 984 (100%) |
| Owner Occupied HU | 670 (68.1%) |
| Renter Occupied HU | 200 (20.3%) |
| Vacant Housing Units | 114 (11.6%) |
| Median Home Value | $176,205 |
| Average Home Value | $242,011 |
Housing Distribution
Address Breakdown
Residential
765
Single Family
765
Multi-Family
0
Businesses
26
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