996 State Highway 58EdwardsNY13635
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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 Edwards at 996 State Highway 58, Edwards, NY, 13635 uses $38,632 cash to close to unlock $14,198/yr annual cash flow and $1,183/mo monthly cash flow. Total monthly income runs $1,961/mo, and a $570/mo payment keeps the spread at $1,183/mo. Purchase price stands at $116,538, and rental yield measures 20.19% with $1,961/mo rent. Return on cash invested shows 56.66% in year one, and 5% annual appreciation builds toward $32,197 over five years. Five-year ROI reaches 300.68% and total cumulative return in cash records $116,160. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,961/mo property income covering a $570/mo payment rather than investor’s personal income.
Single Family
Built in 2008
12 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
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