9612 Bowman StCastorlandNY13620
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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 9612 Bowman St, Castorland, NY, 13620 uses $54,664 cash to close to unlock $4,067/yr annual cash flow and $339/mo monthly cash flow. Total monthly income runs $1,440/mo, and a $807/mo payment keeps the spread at $339/mo. Purchase price stands at $164,900, and rental yield measures 10.48% with $1,440/mo rent. Return on cash invested shows 27.35% in year one, and 5% annual appreciation builds toward $45,559 over five years. Five-year ROI reaches 143.38% and total cumulative return in cash records $78,376. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,440/mo property income covering a $807/mo payment rather than investor’s personal income.
Single Family
Built in 1900
7,993 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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Listed by: Carole Dunbar • Good Morning Realty
Mls Name: NYSAMLSs
Mls ID: #S1640019