1019 State Route 49Bernhards BayNY13028
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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
Rental property for sale in Bernhards Bay at 1019 State Route 49, Bernhards Bay, NY, 13028 generates $2,534/mo in rent and, after a $1,664/mo payment, leaves $264/mo in cash flow. Total monthly income is $2,534/mo, and annual cash flow is $3,164/yr on $112,710 invested. Return on cash invested sits at 22.72% in year one, and rental yield is 8.94% on a $340,000 entry. Equity gained on principal adds $2,194/yr, while 5% annual appreciation builds toward $93,936 over five years. Five-year ROI reaches 118.54% and total cumulative return in cash sums $133,602. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,534/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13028, Bernhards Bay, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 746 (100%) |
| Owner Occupied HU | 433 (58.0%) |
| Renter Occupied HU | 87 (11.7%) |
| Vacant Housing Units | 226 (30.3%) |
| Median Home Value | $184,375 |
| Average Home Value | $246,669 |
Housing Distribution
Address Breakdown
Residential
533
Single Family
533
Multi-Family
0
Businesses
14
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