119 Currytown RoadSprakersNY12166
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 Sprakers at 119 Currytown Road, Sprakers, NY, 12166 offers $1,015/mo rent that, after a $636/mo payment, leaves $147/mo cash flow. Total monthly income is $1,015/mo, and annual cash flow is $1,768/yr on $43,062 cash. Return on cash invested measures 24.02% in year one, and rental yield stands at 9.38% at a $129,900 entry. Equity gained on principal adds $838/yr while 5% annual appreciation compounds into $35,889 by year five. Five-year ROI records 125.59% and total cumulative return in cash reaches $54,079. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,015/mo property income versus a $636/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12166, Sprakers, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 668 (100%) |
| Owner Occupied HU | 505 (75.6%) |
| Renter Occupied HU | 84 (12.6%) |
| Vacant Housing Units | 79 (11.8%) |
| Median Home Value | $196,802 |
| Average Home Value | $230,426 |
Housing Distribution
Address Breakdown
Residential
552
Single Family
552
Multi-Family
0
Businesses
25
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