9985 Erie Canal RdCroghanNY13327
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 9985 Erie Canal Rd, Croghan, NY, 13327 in Croghan deserves attention. This $399,999 property earns $5,946/mo in rent, a 17.84% gross yield, and nets $3,275/mo after the $1,799/mo payment. DSCR 3.31 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $110,512 compounds alongside $3,684/yr in yearly equity build, for a total cumulative return of $363,249.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 17.8% | 6.2% |
| Monthly Cash Flow | $3,275 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $5,946 |
| Total Monthly Debt Service | $2,512 |
| DSCR Ratio | 2.37x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2009
5.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13327, Croghan, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,375 (100%) |
| Owner Occupied HU | 793 (57.7%) |
| Renter Occupied HU | 160 (11.6%) |
| Vacant Housing Units | 422 (30.7%) |
| Median Home Value | $200,221 |
| Average Home Value | $235,085 |
Housing Distribution
Address Breakdown
Residential
688
Single Family
669
Multi-Family
19
Businesses
51
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
Single Family
Built in 2009
5.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13327, Croghan, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,375 (100%) |
| Owner Occupied HU | 793 (57.7%) |
| Renter Occupied HU | 160 (11.6%) |
| Vacant Housing Units | 422 (30.7%) |
| Median Home Value | $200,221 |
| Average Home Value | $235,085 |
Housing Distribution
Address Breakdown
Residential
688
Single Family
669
Multi-Family
19
Businesses
51
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices