11609 State Route 3 #4AdamsNY13605
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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 Adams at 11609 State Route 3 #4, Adams, NY, 13605 offers a 8.71% rental yield on a $124,000 purchase with $900/mo rent. 1% in year one. Equity gained on principal adds $800/yr while 5% annual appreciation supports $34,259 over five years. Portfolio math shows five-year ROI at 75.32% and total cumulative return in cash at $30,963. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $900/mo property income against a $607/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2023
1 sqft lot
$N/A/sqft
$3,250 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13605, Adams, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,436 (100%) |
| Owner Occupied HU | 1,407 (57.8%) |
| Renter Occupied HU | 438 (18.0%) |
| Vacant Housing Units | 591 (24.3%) |
| Median Home Value | $215,392 |
| Average Home Value | $258,431 |
Housing Distribution
Address Breakdown
Residential
1,724
Single Family
1,616
Multi-Family
108
Businesses
92
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Listed by: Kiah Sugrue • Lake Ontario Realty, LLC
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #S1573924
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