149 Blue Pike DrRedwoodNY13679
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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 Redwood at 149 Blue Pike Dr, Redwood, NY, 13679 at $250,000 posts ROI 28.38% with $585/mo cash flow from $2,255/mo rent. Total monthly income equals $2,255/mo, and annual cash flow records $7,022/yr on $82,875 to close. Return on cash invested measures 28.38% and rental yield reads 10.82% at the current $250,000. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 by year five. Five-year ROI prints 148.98% and total cumulative return in cash totals $123,466.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,255/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1993
28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13679, Redwood, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,701 (100%) |
| Owner Occupied HU | 576 (33.9%) |
| Renter Occupied HU | 119 ( 7.0%) |
| Vacant Housing Units | 1,006 (59.1%) |
| Median Home Value | $208,519 |
| Average Home Value | $245,924 |
Housing Distribution
Address Breakdown
Residential
861
Single Family
803
Multi-Family
58
Businesses
23
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Listed by: Nicholas Sterling • T.L.C. Real Estate, LLC
Mls Name: SLCMLS
Mls Provider:
Mls ID: #49820
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.