152 Hemlock RdForestportNY13338
Nearby investment properties with comparable rents
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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
Rental property for sale in Forestport at 152 Hemlock Rd, Forestport, NY, 13338 priced at $135,000 pairs $1,883/mo rent with $981/mo cash flow after a $661/mo payment. Total monthly income equals $1,883/mo, and annual cash flow comes to $11,775/yr on $44,753 invested. Return on cash invested is 46.22% in year one, and rental yield stands at 16.74% on a $135,000 basis. Equity gained on principal adds $871/yr, and 5% annual appreciation accumulates to $37,298 by year five. Five-year ROI measures 244.68% and total cumulative return in cash reaches $109,501. For financing, Ziffy Mortgage’s DSCR program evaluates $1,883/mo property income against a $661/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1972
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13338, Forestport, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,530 (100%) |
| Owner Occupied HU | 525 (34.3%) |
| Renter Occupied HU | 53 ( 3.5%) |
| Vacant Housing Units | 952 (62.2%) |
| Median Home Value | $257,051 |
| Average Home Value | $290,062 |
Housing Distribution
Address Breakdown
Residential
611
Single Family
611
Multi-Family
0
Businesses
33
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Nearby investment properties with comparable prices
Listed by: Dawn Timm • Timm Associates Sothebys International Realty
Mls Name: ACVMLS
Mls ID: #203207