1116 Pioneer AveSylvan BeachNY13157
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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 Sylvan Beach at 1116 Pioneer Ave, Sylvan Beach, NY, 13157 earns $899/mo cash flow from $1,800/mo rent with a $660/mo payment. Total monthly income totals $1,800/mo, and annual cash flow totals $10,793/yr on $44,719 capital. ROI tracks 44.04% on current figures, and rental yield reads 16.01% at a $134,900 purchase. Equity gained on principal adds $870/yr, and 5% annual appreciation supports $37,270 over five years. Five-year ROI reaches 232.98% and total cumulative return in cash sums $104,189. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,800/mo property income instead of your personal income.
Manufactured
Built in 1999
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13157, Sylvan Beach, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 478 (100%) |
| Owner Occupied HU | 185 (38.7%) |
| Renter Occupied HU | 83 (17.4%) |
| Vacant Housing Units | 210 (43.9%) |
| Median Home Value | $253,571 |
| Average Home Value | $296,797 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
39
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Listed by: Laurie Benedict • Coldwell Banker Prime Prop. Inc.
Mls Name: NYSAMLSs
Mls ID: #S1614814