10552 State Route 12 #28ESRemsenNY13438
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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 Remsen at 10552 State Route 12 #28ES, Remsen, NY, 13438 listed at $219,000 pairs $2,160/mo rent with a $1,072/mo payment to leave $697/mo cash flow. Total monthly income runs $2,160/mo, and annual cash flow reaches $8,369/yr on $72,599 cash to close. Return on cash invested measures 31.44% in year one, and rental yield registers 11.84% at a $219,000 basis. Equity gained on principal adds $1,413/yr, and annual property appreciation at 5% supports $60,506 by year five. Five-year ROI tracks 165.35% and total cumulative return in cash totals $120,045. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,160/mo property income relative to a $1,072/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1964
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13438, Remsen, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,208 (100%) |
| Owner Occupied HU | 1,352 (61.2%) |
| Renter Occupied HU | 248 (11.2%) |
| Vacant Housing Units | 608 (27.5%) |
| Median Home Value | $245,759 |
| Average Home Value | $307,946 |
Housing Distribution
Address Breakdown
Residential
1,454
Single Family
1,454
Multi-Family
0
Businesses
47
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