12 Berry Patch LaneCROWN POINTNY12928
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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
Rental property for sale in CROWN POINT at 12 Berry Patch Lane, CROWN POINT, NY, 12928 priced at $575,000 pairs $2,256/mo rent with after a $2,814/mo payment. Total monthly income equals $2,256/mo. Return on cash invested is 10.02% in year one, and rental yield stands at 4.71% on a $575,000 basis. Equity gained on principal adds $3,710/yr, and 5% annual appreciation accumulates to $158,862 by year five. Five-year ROI measures 50.41% and total cumulative return in cash reaches $95,363. For financing, Ziffy Mortgage’s DSCR program evaluates $2,256/mo property income against a $2,814/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1939
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12928, Crown Point, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,160 (100%) |
| Owner Occupied HU | 712 (61.4%) |
| Renter Occupied HU | 165 (14.2%) |
| Vacant Housing Units | 283 (24.4%) |
| Median Home Value | $194,565 |
| Average Home Value | $235,109 |
Housing Distribution
Address Breakdown
Residential
774
Single Family
774
Multi-Family
0
Businesses
53
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Listed by: Ashley Nagy • Davies-Davies & Assoc Real Est
Mls Name: Global MLS
Mls ID: #202530542