941 County Highway 40CharlottevilleNY12036
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Charlotteville at 941 County Highway 40, Charlotteville, NY, 12036 uses $148,844 cash to close to unlock $6,843/yr annual cash flow and $570/mo monthly cash flow. Total monthly income runs $3,569/mo, and a $2,198/mo payment keeps the spread at $570/mo. Purchase price stands at $449,000, and rental yield measures 9.54% with $3,569/mo rent. Return on cash invested shows 24.51% in year one, and 5% annual appreciation builds toward $124,050 over five years. Five-year ROI reaches 128.16% and total cumulative return in cash records $190,756. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,569/mo property income covering a $2,198/mo payment rather than investor’s personal income.
Single Family
Built in 1840
15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12036, Charlotteville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 143 (100%) |
| Owner Occupied HU | 81 (56.6%) |
| Renter Occupied HU | 8 ( 5.6%) |
| Vacant Housing Units | 54 (37.8%) |
| Median Home Value | $176,389 |
| Average Home Value | $232,130 |
Housing Distribution
Address Breakdown
Residential
87
Single Family
87
Multi-Family
0
Businesses
7
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christy L Dahms • Charlotteville Realty
Mls Name: Global MLS
Mls ID: #202522526