14269 County Route 62Sackets HarborNY13685
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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 Sackets Harbor at 14269 County Route 62, Sackets Harbor, NY, 13685 uses $79,560 cash to close to unlock $4,308/yr annual cash flow and $359/mo monthly cash flow. Total monthly income runs $1,962/mo, and a $1,175/mo payment keeps the spread at $359/mo. Purchase price stands at $240,000, and rental yield measures 9.81% with $1,962/mo rent. Return on cash invested shows 25.32% in year one, and 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 132.51% and total cumulative return in cash records $105,422. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,962/mo property income covering a $1,175/mo payment rather than investor’s personal income.
Manufactured
Built in 1997
10.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13685, Sackets Harbor, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,670 (100%) |
| Owner Occupied HU | 626 (37.5%) |
| Renter Occupied HU | 439 (26.3%) |
| Vacant Housing Units | 605 (36.2%) |
| Median Home Value | $347,097 |
| Average Home Value | $381,685 |
Housing Distribution
Address Breakdown
Residential
1,098
Single Family
804
Multi-Family
294
Businesses
67
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Listed by: Ricky Gates • eXp Realty
Mls Name: NYSAMLSs
Mls ID: #S1628496