13381 Craine RdSterlingNY13143
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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 Sterling at 13381 Craine Rd, Sterling, NY, 13143 offers a 9.36% rental yield on a $129,900 purchase with $1,013/mo rent. Total monthly income registers $1,013/mo, and a $636/mo payment leaves $145/mo available for distribution. Annual cash flow reaches $1,744/yr on $43,062 to close, and return on cash invested stands at 23.96% in year one. Equity gained on principal adds $838/yr while 5% annual appreciation supports $35,889 over five years. Portfolio math shows five-year ROI at 125.25% and total cumulative return in cash at $53,935. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,013/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1997
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13143, Red Creek, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,279 (100%) |
| Owner Occupied HU | 828 (64.7%) |
| Renter Occupied HU | 230 (18.0%) |
| Vacant Housing Units | 221 (17.3%) |
| Median Home Value | $174,603 |
| Average Home Value | $294,798 |
Housing Distribution
Address Breakdown
Residential
1,139
Single Family
1,139
Multi-Family
0
Businesses
46
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