103 Parker RdNew BerlinNY13411
Nearby investment properties with comparable rents
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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 New Berlin at 103 Parker Rd, New Berlin, NY, 13411 offers $1,512/mo rent that, after a $974/mo payment, leaves $183/mo cash flow. Total monthly income is $1,512/mo, and annual cash flow is $2,197/yr on $65,969 cash. Return on cash invested measures 23.24% in year one, and rental yield stands at 9.12% at a $199,000 entry. Equity gained on principal adds $1,284/yr while 5% annual appreciation compounds into $54,980 by year five. Five-year ROI records 121.41% and total cumulative return in cash reaches $80,094. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,512/mo property income versus a $974/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
11.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13411, New Berlin, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,673 (100%) |
| Owner Occupied HU | 984 (58.8%) |
| Renter Occupied HU | 317 (18.9%) |
| Vacant Housing Units | 372 (22.2%) |
| Median Home Value | $144,444 |
| Average Home Value | $220,338 |
Housing Distribution
Address Breakdown
Residential
1,093
Single Family
1,093
Multi-Family
0
Businesses
82
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Nearby investment properties with comparable prices
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