9554 Addison AveCastorlandNY13620
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 Castorland at 9554 Addison Ave, Castorland, NY, 13620 at $189,000 posts ROI 23.32% with $178/mo cash flow from $1,440/mo rent. Total monthly income equals $1,440/mo, and annual cash flow records $2,135/yr on $62,654 to close. Return on cash invested measures 23.32% and rental yield reads 9.14% at the current $189,000. Equity gained on principal adds $1,220/yr, and 5% annual appreciation supports $52,217 by year five. Five-year ROI prints 121.75% and total cumulative return in cash totals $76,282.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,440/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1992
1.30 Acres 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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Nearby investment properties with comparable prices
Listed by: Stacy Faunce • Keller Williams Northern New York
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #S1561460
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