10M Summit RdNorth CreekNY12853
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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 North Creek at 10M Summit Rd, North Creek, NY, 12853 at $249,900 posts ROI 37.21% with $1,194/mo cash flow from $2,863/mo rent. Total monthly income equals $2,863/mo, and annual cash flow records $14,332/yr on $82,842 to close. Return on cash invested measures 37.21% and rental yield reads 13.75% at the current $249,900. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,043 by year five. Five-year ROI prints 196.28% and total cumulative return in cash totals $162,602.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,863/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 1985
436 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12853, North Creek, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,286 (100%) |
| Owner Occupied HU | 583 (45.3%) |
| Renter Occupied HU | 146 (11.4%) |
| Vacant Housing Units | 557 (43.3%) |
| Median Home Value | $304,643 |
| Average Home Value | $309,721 |
Housing Distribution
Address Breakdown
Residential
489
Single Family
489
Multi-Family
0
Businesses
79
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Listed by: R Michael Keefrider Jr. • Coldwell Banker Prime Prop.
Mls Name: Columbia Greene Northern Dutchess MLS
Mls Provider:
Mls ID: #151057
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.