129 Cleveland Hill RdPine CityNY14871
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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 Pine City at 129 Cleveland Hill Rd, Pine City, NY, 14871 offers a 6.63% rental yield on a $369,000 purchase with $2,040/mo rent. 75% in year one. Equity gained on principal adds $2,381/yr while 5% annual appreciation supports $101,948 over five years. Portfolio math shows five-year ROI at 81.16% and total cumulative return in cash at $99,279. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,040/mo property income against a $1,806/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
56.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14871, Pine City, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,018 (100%) |
| Owner Occupied HU | 1,636 (81.1%) |
| Renter Occupied HU | 195 ( 9.7%) |
| Vacant Housing Units | 187 ( 9.3%) |
| Median Home Value | $197,727 |
| Average Home Value | $273,704 |
Housing Distribution
Address Breakdown
Residential
1,798
Single Family
1,766
Multi-Family
32
Businesses
67
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Listed by: Darlene S. Weiermiller • Signature Properties
Mls Name: ECMLS
Mls Provider:
Mls ID: #276076
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.