94 Hastings DriveGrahamsvilleNY12740
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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 Grahamsville at 94 Hastings Drive, Grahamsville, NY, 12740 priced at $649,000 converts $3,541/mo rent into after a $3,177/mo obligation. Total monthly income equals $3,541/mo. Return on cash invested prints 15.6% in year one, and rental yield reads 6.55% against a $649,000 entry. Equity gained on principal adds $4,188/yr, while 5% annual appreciation compiles into $179,307 by year five. Five-year ROI reaches 80.36% and total cumulative return in cash sums $171,576. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,541/mo property income covering a $3,177/mo payment, not borrower’s personal income.
Single Family
Built in 1989
1.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12740, Grahamsville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,242 (100%) |
| Owner Occupied HU | 637 (51.3%) |
| Renter Occupied HU | 161 (13.0%) |
| Vacant Housing Units | 444 (35.7%) |
| Median Home Value | $555,029 |
| Average Home Value | $574,867 |
Housing Distribution
Address Breakdown
Residential
760
Single Family
760
Multi-Family
0
Businesses
41
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Listed by: David Luczyski • Resort Realty
Mls Name: OneKey MLS
Mls ID: #893216