16 Mountain View DrPine CityNY14871
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 Pine City at 16 Mountain View Dr, Pine City, NY, 14871 offers a 9.08% rental yield on a $106,200 purchase with $804/mo rent. Total monthly income registers $804/mo, and a $520/mo payment leaves $95/mo available for distribution. Annual cash flow reaches $1,135/yr on $35,205 to close, and return on cash invested stands at 23.13% in year one. Equity gained on principal adds $685/yr while 5% annual appreciation supports $29,341 over five years. Portfolio math shows five-year ROI at 120.82% and total cumulative return in cash at $42,535. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $804/mo property income against a $520/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14871, Pine City, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,018 (100%) |
| Owner Occupied HU | 1,636 (81.1%) |
| Renter Occupied HU | 195 ( 9.7%) |
| Vacant Housing Units | 187 ( 9.3%) |
| Median Home Value | $197,727 |
| Average Home Value | $273,704 |
Housing Distribution
Address Breakdown
Residential
1,798
Single Family
1,766
Multi-Family
32
Businesses
67
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices