1673 Kings Corners RdUnion SpringsNY13160
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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 Union Springs at 1673 Kings Corners Rd, Union Springs, NY, 13160 offers $1,320/mo rent that, after a $2,080/mo payment. Total monthly income is $1,320/mo. Return on cash invested measures 6.98% in year one, and rental yield stands at 3.73% at a $424,900 entry. Equity gained on principal adds $2,742/yr while 5% annual appreciation compounds into $117,392 by year five. Five-year ROI records 34.17% and total cumulative return in cash reaches $48,129. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,320/mo property income versus a $2,080/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13160, Union Springs, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,025 (100%) |
| Owner Occupied HU | 639 (62.3%) |
| Renter Occupied HU | 173 (16.9%) |
| Vacant Housing Units | 213 (20.8%) |
| Median Home Value | $298,558 |
| Average Home Value | $362,602 |
Housing Distribution
Address Breakdown
Residential
554
Single Family
522
Multi-Family
32
Businesses
51
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Listed by: Brian Jackson • LandQuest, Inc.
Mls Name: ECMLS
Mls Provider:
Mls ID: #276012
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.