1498 Gee Brook RdEast BranchNY13756
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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 East Branch at 1498 Gee Brook Rd, East Branch, NY, 13756 uses $56,024 cash to close to unlock $23,755/yr annual cash flow and $1,980/mo monthly cash flow. Total monthly income runs $3,108/mo, and a $827/mo payment keeps the spread at $1,980/mo. Purchase price stands at $169,000, and rental yield measures 22.07% with $3,108/mo rent. Return on cash invested shows 62.31% in year one, and 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 330.9% and total cumulative return in cash records $185,383. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,108/mo property income covering a $827/mo payment rather than investor’s personal income.
Single Family
Built in 1968
56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13756, East Branch, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 480 (100%) |
| Owner Occupied HU | 183 (38.1%) |
| Renter Occupied HU | 34 ( 7.1%) |
| Vacant Housing Units | 263 (54.8%) |
| Median Home Value | $203,750 |
| Average Home Value | $300,779 |
Housing Distribution
Address Breakdown
Residential
180
Single Family
180
Multi-Family
0
Businesses
16
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Listed by: Joseph Gross • UPPER DELAWARE REAL ESTATE
Mls Name: NY State MLS
Mls ID: #11324512