1601 Park AveSylvan BeachNY13157
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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 Sylvan Beach at 1601 Park Ave, Sylvan Beach, NY, 13157 generates $2,669/mo in rent, after a $3,866/mo payment. Total monthly income is $2,669/mo. Return on cash invested sits at 8.03% in year one, and rental yield is 4.05% on a $789,900 entry. Equity gained on principal adds $5,097/yr, while 5% annual appreciation builds toward $218,235 over five years. Five-year ROI reaches 39.75% and total cumulative return in cash sums $103,301. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,669/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
7,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13157, Sylvan Beach, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 478 (100%) |
| Owner Occupied HU | 185 (38.7%) |
| Renter Occupied HU | 83 (17.4%) |
| Vacant Housing Units | 210 (43.9%) |
| Median Home Value | $253,571 |
| Average Home Value | $296,797 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
39
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Listed by: Gretchen Loomis • Coldwell Banker Prime Prop. Inc.
Mls Name: NYSAMLSs
Mls ID: #S1628927