13 E Pierce AvenueWhite LakeNY12786
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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 White Lake at 13 E Pierce Avenue, White Lake, NY, 12786 offers a 9.16% rental yield on a $110,000 purchase with $840/mo rent. Total monthly income registers $840/mo, and a $538/mo payment leaves $106/mo available for distribution. Annual cash flow reaches $1,270/yr on $36,465 to close, and return on cash invested stands at 23.39% in year one. Equity gained on principal adds $710/yr while 5% annual appreciation supports $30,391 over five years. Portfolio math shows five-year ROI at 122.15% and total cumulative return in cash at $44,544. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $840/mo property income against a $538/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12786, White Lake, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,122 (100%) |
| Owner Occupied HU | 340 (30.3%) |
| Renter Occupied HU | 78 ( 7.0%) |
| Vacant Housing Units | 704 (62.7%) |
| Median Home Value | $369,863 |
| Average Home Value | $410,257 |
Housing Distribution
Address Breakdown
Residential
138
Single Family
138
Multi-Family
0
Businesses
52
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Listed by: Michelle England • Howard Hanna Rand Realty
Mls Name: OneKey MLS
Mls ID: #897979