157 Sandy Point DrBernhards BayNY13028
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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 Bernhards Bay at 157 Sandy Point Dr, Bernhards Bay, NY, 13028 listed at $415,000 pairs $2,436/mo rent with a $2,031/mo payment. Total monthly income runs $2,436/mo. Return on cash invested measures 16.99% in year one, and rental yield registers 7.04% at a $415,000 basis. Equity gained on principal adds $2,678/yr, and annual property appreciation at 5% supports $114,657 by year five. Five-year ROI tracks 87.8% and total cumulative return in cash totals $120,789. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,436/mo property income relative to a $2,031/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2001
0.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13028, Bernhards Bay, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 746 (100%) |
| Owner Occupied HU | 433 (58.0%) |
| Renter Occupied HU | 87 (11.7%) |
| Vacant Housing Units | 226 (30.3%) |
| Median Home Value | $184,375 |
| Average Home Value | $246,669 |
Housing Distribution
Address Breakdown
Residential
533
Single Family
533
Multi-Family
0
Businesses
14
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Listed by: Karen E Whalen • Keller Williams Syracuse
Mls Name: NYSAMLSs
Mls ID: #S1614015