1469 County Road 34South New BerlinNY13843
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
Investment property for sale in South New Berlin at 1469 County Road 34, South New Berlin, NY, 13843 listed at $114,900 pairs $916/mo rent with a $562/mo payment to leave $149/mo cash flow. Total monthly income runs $916/mo, and annual cash flow reaches $1,789/yr on $38,089 cash to close. Return on cash invested measures 24.61% in year one, and rental yield registers 9.57% at a $114,900 basis. Equity gained on principal adds $741/yr, and annual property appreciation at 5% supports $31,745 by year five. Five-year ROI tracks 128.8% and total cumulative return in cash totals $49,058. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $916/mo property income relative to a $562/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1980
1.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13843, South New Berlin, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,019 (100%) |
| Owner Occupied HU | 644 (63.2%) |
| Renter Occupied HU | 148 (14.5%) |
| Vacant Housing Units | 227 (22.3%) |
| Median Home Value | $171,296 |
| Average Home Value | $209,418 |
Housing Distribution
Address Breakdown
Residential
755
Single Family
755
Multi-Family
0
Businesses
24
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Austin Wingate • CORNER STONE PROPERTIES
Mls Name: NY State MLS
Mls ID: #11392455