110 Silver Spur Road WPurlingNY12470
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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 Purling at 110 Silver Spur Road W, Purling, NY, 12470 offers a 4.8% rental yield on a $450,000 purchase with $1,800/mo rent. 21% in year one. Equity gained on principal adds $2,904/yr while 5% annual appreciation supports $124,327 over five years. Portfolio math shows five-year ROI at 51.5% and total cumulative return in cash at $76,818. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,800/mo property income against a $2,203/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2021
8.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12470, Purling, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 369 (100%) |
| Owner Occupied HU | 207 (56.1%) |
| Renter Occupied HU | 84 (22.8%) |
| Vacant Housing Units | 78 (21.1%) |
| Median Home Value | $269,444 |
| Average Home Value | $310,519 |
Housing Distribution
Address Breakdown
Residential
285
Single Family
285
Multi-Family
0
Businesses
1
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