116 Medbury RoadPorter CornersNY12859
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 116 Medbury Road, Porter Corners, NY, 12859 in Porter Corners. At $450,000 it earns $3,608/mo in rent and distributes $603/mo to the owner after the $2,023/mo payment, a consistent 9.62% yield. DSCR 1.78 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $124,327 in value; $4,145/yr in principal paydown compounds ownership stake. Total projected return: $210,432.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 6.2% |
| Monthly Cash Flow | $603 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $3,608 |
| Total Monthly Debt Service | $2,826 |
| DSCR Ratio | 1.28x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1972
2.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12859, Porter Corners, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 823 (100%) |
| Owner Occupied HU | 625 (75.9%) |
| Renter Occupied HU | 108 (13.1%) |
| Vacant Housing Units | 90 (10.9%) |
| Median Home Value | $356,651 |
| Average Home Value | $424,184 |
Housing Distribution
Address Breakdown
Residential
938
Single Family
938
Multi-Family
0
Businesses
9
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
Single Family
Built in 1972
2.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12859, Porter Corners, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 823 (100%) |
| Owner Occupied HU | 625 (75.9%) |
| Renter Occupied HU | 108 (13.1%) |
| Vacant Housing Units | 90 (10.9%) |
| Median Home Value | $356,651 |
| Average Home Value | $424,184 |
Housing Distribution
Address Breakdown
Residential
938
Single Family
938
Multi-Family
0
Businesses
9
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Charles B Goodridge • Julie & Co Realty LLC
Mls Name: Global MLS
Mls ID: #202610252