990 County Route 23EdwardsNY13635
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 Edwards at 990 County Route 23, Edwards, NY, 13635 listed at $269,999 pairs $2,407/mo rent with a $1,322/mo payment to leave $604/mo cash flow. Total monthly income runs $2,407/mo, and annual cash flow reaches $7,242/yr on $89,505 cash to close. Return on cash invested measures 28% in year one, and rental yield registers 10.7% at a $269,999 basis. Equity gained on principal adds $1,742/yr, and annual property appreciation at 5% supports $74,596 by year five. Five-year ROI tracks 146.89% and total cumulative return in cash totals $131,473. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,407/mo property income relative to a $1,322/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1910
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13635, Edwards, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 520 (100%) |
| Owner Occupied HU | 314 (60.4%) |
| Renter Occupied HU | 102 (19.6%) |
| Vacant Housing Units | 104 (20.0%) |
| Median Home Value | $122,656 |
| Average Home Value | $161,099 |
Housing Distribution
Address Breakdown
Residential
331
Single Family
307
Multi-Family
24
Businesses
20
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nicholas Sterling • T.L.C. Real Estate, LLC
Mls Name: SLCMLS
Mls Provider:
Mls ID: #50826
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.