149 Koenig RdSpringfield CenterNY13468
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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 Springfield Center at 149 Koenig Rd, Springfield Center, NY, 13468 with 5% annual appreciation on a $495,000 basis while $3,042/mo rent supports operations. 98% in year one. Equity gained on principal adds $3,194/yr, and five-year appreciation sums $136,759 alongside rental yield of 7.37%. Five-year ROI measures 93.16% and total cumulative return in cash totals $152,866. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,042/mo property income versus a $2,423/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1850
20.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13468, Springfield Center, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 254 (100%) |
| Owner Occupied HU | 156 (61.4%) |
| Renter Occupied HU | 44 (17.3%) |
| Vacant Housing Units | 54 (21.3%) |
| Median Home Value | $302,632 |
| Average Home Value | $467,244 |
Housing Distribution
Address Breakdown
Residential
104
Single Family
104
Multi-Family
0
Businesses
23
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Listed by: Ryan Burns • Stack-Page Properties
Mls Name: NY State MLS
Mls ID: #11518171