11609 State Route 3 #4AdamsNY13605
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 11609 State Route 3 #4, Adams, NY, 13605 in Adams achieves a 1.61 ratio at $124,000: $900/mo rent versus $558/mo debt service. Rental yield 8.71%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 8.71% yield compounds alongside 5% annual appreciation projecting $34,259 in value. Total projected cumulative return: $35,690.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 6.2% |
| Monthly Cash Flow | $(199) | $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 | $900 |
| Total Monthly Debt Service | $1,050 |
| DSCR Ratio | 0.86x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices