941 County Highway 40WorcesterNY12197
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
Rental property for sale in Worcester at 941 County Highway 40, Worcester, NY, 12197 generates $3,364/mo in rent and, after a $2,198/mo payment, leaves $365/mo in cash flow. Total monthly income is $3,364/mo, and annual cash flow is $4,383/yr on $148,844 invested. Return on cash invested sits at 22.85% in year one, and rental yield is 8.99% on a $449,000 entry. Equity gained on principal adds $2,897/yr, while 5% annual appreciation builds toward $124,050 over five years. Five-year ROI reaches 119.3% and total cumulative return in cash sums $177,568. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,364/mo property income rather than buyer’s personal income.
Single Family
Built in 1840
15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12197, Worcester, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,384 (100%) |
| Owner Occupied HU | 796 (57.5%) |
| Renter Occupied HU | 158 (11.4%) |
| Vacant Housing Units | 430 (31.1%) |
| Median Home Value | $177,686 |
| Average Home Value | $223,257 |
Housing Distribution
Address Breakdown
Residential
856
Single Family
856
Multi-Family
0
Businesses
52
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices