1050 Copes Corners RdSouth New BerlinNY13843
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 South New Berlin at 1050 Copes Corners Rd, South New Berlin, NY, 13843 offers a 9.28% rental yield on a $159,900 purchase with $1,237/mo rent. Total monthly income registers $1,237/mo, and a $783/mo payment leaves $169/mo available for distribution. Annual cash flow reaches $2,026/yr on $53,007 to close, and return on cash invested stands at 23.73% in year one. Equity gained on principal adds $1,032/yr while 5% annual appreciation supports $44,177 over five years. Portfolio math shows five-year ROI at 123.96% and total cumulative return in cash at $65,706. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,237/mo property income against a $783/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
9.22 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13843, South New Berlin, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,019 (100%) |
| Owner Occupied HU | 644 (63.2%) |
| Renter Occupied HU | 148 (14.5%) |
| Vacant Housing Units | 227 (22.3%) |
| Median Home Value | $171,296 |
| Average Home Value | $209,418 |
Housing Distribution
Address Breakdown
Residential
755
Single Family
755
Multi-Family
0
Businesses
24
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Listed by: Bonnie Monzeglio • BENSON AGENCY REAL ESTATE LLC
Mls Name: NY State MLS
Mls ID: #11558893