1192 Helderberg TrailBerneNY12023
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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 Berne at 1192 Helderberg Trail, Berne, NY, 12023 uses $139,197 cash to close to unlock $4,706/yr annual cash flow and $392/mo monthly cash flow. Total monthly income runs $3,196/mo, and a $2,055/mo payment keeps the spread at $392/mo. Purchase price stands at $419,900, and rental yield measures 9.13% with $3,196/mo rent. Return on cash invested shows 23.29% in year one, and 5% annual appreciation builds toward $116,011 over five years. Five-year ROI reaches 121.63% and total cumulative return in cash records $169,308. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,196/mo property income covering a $2,055/mo payment rather than investor’s personal income.
Single Family
Built in 1965
13.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12023, Berne, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 994 (100%) |
| Owner Occupied HU | 684 (68.8%) |
| Renter Occupied HU | 103 (10.4%) |
| Vacant Housing Units | 207 (20.8%) |
| Median Home Value | $285,841 |
| Average Home Value | $306,787 |
Housing Distribution
Address Breakdown
Residential
904
Single Family
904
Multi-Family
0
Businesses
30
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