111 Cold Spring Rd RoadPetersburghNY12138
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 Petersburgh at 111 Cold Spring Rd Road, Petersburgh, NY, 12138 priced at $205,000 converts $1,864/mo rent into $495/mo cash flow after a $1,003/mo obligation. Total monthly income equals $1,864/mo, and annual cash flow totals $5,945/yr on $67,958 invested. Return on cash invested prints 28.66% in year one, and rental yield reads 10.91% against a $205,000 entry. Equity gained on principal adds $1,323/yr, while 5% annual appreciation compiles into $56,638 by year five. Five-year ROI reaches 150.44% and total cumulative return in cash sums $102,234. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,864/mo property income covering a $1,003/mo payment, not borrower’s personal income.
Manufactured
Built in 1985
9.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12138, Petersburg, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,759 (100%) |
| Owner Occupied HU | 1,179 (67.0%) |
| Renter Occupied HU | 192 (10.9%) |
| Vacant Housing Units | 388 (22.1%) |
| Median Home Value | $276,958 |
| Average Home Value | $314,877 |
Housing Distribution
Address Breakdown
Residential
1,269
Single Family
1,269
Multi-Family
0
Businesses
26
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Listed by: Renee Elie • Berkshire Hathaway HomeServices Blake, REALTORS
Mls Name: Global MLS
Mls Provider:
Mls ID: #202423494
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. Judy Moriarty, Zillow, Inc., Corp. Broker