12 Trout Pond RoadPorter CornersNY12859
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 Porter Corners at 12 Trout Pond Road, Porter Corners, NY, 12859 priced at $520,000 converts $3,724/mo rent into $252/mo cash flow after a $2,545/mo obligation. Total monthly income equals $3,724/mo, and annual cash flow totals $3,020/yr on $171,080 invested. Return on cash invested prints 21.83% in year one, and rental yield reads 8.59% against a $520,000 entry. Equity gained on principal adds $3,355/yr, while 5% annual appreciation compiles into $143,666 by year five. Five-year ROI reaches 113.73% and total cumulative return in cash sums $194,567. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,724/mo property income covering a $2,545/mo payment, not borrower’s personal income.
Single Family
Built in 2004
1.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12859, Porter Corners, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 823 (100%) |
| Owner Occupied HU | 625 (75.9%) |
| Renter Occupied HU | 108 (13.1%) |
| Vacant Housing Units | 90 (10.9%) |
| Median Home Value | $356,651 |
| Average Home Value | $424,184 |
Housing Distribution
Address Breakdown
Residential
938
Single Family
938
Multi-Family
0
Businesses
9
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Nearby investment properties with comparable prices
Listed by: Christine McKee • Hunt ERA
Mls Name: Global MLS
Mls ID: #202610525