1616 State Route 8PisecoNY12139
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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 Piseco at 1616 State Route 8, Piseco, NY, 12139 generates $916/mo in rent, after a $680/mo payment. Total monthly income is $916/mo. Return on cash invested sits at 19.6% in year one, and rental yield is 7.91% on a $139,000 entry. Equity gained on principal adds $897/yr, while 5% annual appreciation builds toward $38,403 over five years. Five-year ROI reaches 101.92% and total cumulative return in cash sums $46,964. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $916/mo property income rather than buyer’s personal income.
Manufactured
Built in 1970
1.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12139, Piseco, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 568 (100%) |
| Owner Occupied HU | 52 ( 9.2%) |
| Renter Occupied HU | 7 ( 1.2%) |
| Vacant Housing Units | 509 (89.6%) |
| Median Home Value | $321,053 |
| Average Home Value | $358,365 |
Housing Distribution
Address Breakdown
Residential
154
Single Family
154
Multi-Family
0
Businesses
15
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Listed by: Lisa Swift • Howard Hanna
Mls Name: Global MLS
Mls Provider:
Mls ID: #202516679
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Judy Moriarty, Zillow, Inc., Corp. Broker