111 Black Cherry LnCold BrookNY13324
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
Rental property for sale in Cold Brook at 111 Black Cherry Ln, Cold Brook, NY, 13324 offers $2,296/mo rent that, after a $1,713/mo payment. Total monthly income is $2,296/mo. Return on cash invested measures 18.88% in year one, and rental yield stands at 7.87% at a $349,900 entry. Equity gained on principal adds $2,258/yr while 5% annual appreciation compounds into $96,671 by year five. Five-year ROI records 98.21% and total cumulative return in cash reaches $113,910. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,296/mo property income versus a $1,713/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1989
10 Acres lot
$N/A/sqft
$700 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13324, Cold Brook, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,596 (100%) |
| Owner Occupied HU | 758 (47.5%) |
| Renter Occupied HU | 110 ( 6.9%) |
| Vacant Housing Units | 728 (45.6%) |
| Median Home Value | $223,711 |
| Average Home Value | $259,723 |
Housing Distribution
Address Breakdown
Residential
901
Single Family
901
Multi-Family
0
Businesses
20
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Listed by: Nicholas Polce • Gateway Properties of Upstate NY Inc
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #S1430150
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