9645 Main StRemsenNY13438
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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 Remsen at 9645 Main St, Remsen, NY, 13438 with 5% annual appreciation on a $125,000 basis while $984/mo rent supports operations. Total monthly income totals $984/mo and a $612/mo payment preserves $149/mo for cash returns. Annual cash flow comes to $1,789/yr on $41,438 deployed, and return on cash invested reaches 24.23% in year one. Equity gained on principal adds $807/yr, and five-year appreciation sums $34,535 alongside rental yield of 9.45%. Five-year ROI measures 126.74% and total cumulative return in cash totals $52,517.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $984/mo property income versus a $612/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1910
5,754 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13438, Remsen, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,208 (100%) |
| Owner Occupied HU | 1,352 (61.2%) |
| Renter Occupied HU | 248 (11.2%) |
| Vacant Housing Units | 608 (27.5%) |
| Median Home Value | $245,759 |
| Average Home Value | $307,946 |
Housing Distribution
Address Breakdown
Residential
1,454
Single Family
1,454
Multi-Family
0
Businesses
47
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Listed by: Katrina Smith • Coldwell Banker Faith Properties R
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #S1618161
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