1509 State Route 11North BangorNY12966
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 North Bangor at 1509 State Route 11, North Bangor, NY, 12966 earns $128/mo cash flow from $862/mo rent with a $538/mo payment. Total monthly income totals $862/mo, and annual cash flow totals $1,536/yr on $36,432 capital. ROI tracks 24.13% on current figures, and rental yield reads 9.41% at a $109,900 purchase. Equity gained on principal adds $709/yr, and 5% annual appreciation supports $30,363 over five years. Five-year ROI reaches 126.23% and total cumulative return in cash sums $45,988. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $862/mo property income instead of your personal income.
Single Family
Built in 1958
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12966, North Bangor, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,393 (100%) |
| Owner Occupied HU | 935 (67.1%) |
| Renter Occupied HU | 217 (15.6%) |
| Vacant Housing Units | 241 (17.3%) |
| Median Home Value | $147,538 |
| Average Home Value | $263,674 |
Housing Distribution
Address Breakdown
Residential
1,191
Single Family
1,172
Multi-Family
19
Businesses
32
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: NOT APPLICABLE • N/A
Mls Name: Hubzu
Mls ID: #91716768825AUCN44