1718 Thacher Pk RoadEast BerneNY12059
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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 East Berne at 1718 Thacher Pk Road, East Berne, NY, 12059 earns from $2,880/mo rent with a $2,447/mo payment. Total monthly income totals $2,880/mo. ROI tracks 16.59% on current figures, and rental yield reads 6.91% at a $499,900 purchase. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,113 over five years. Five-year ROI reaches 85.69% and total cumulative return in cash sums $141,996. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,880/mo property income instead of your personal income.
Single Family
Built in 1962
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12059, East Berne, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,147 (100%) |
| Owner Occupied HU | 696 (60.7%) |
| Renter Occupied HU | 106 ( 9.2%) |
| Vacant Housing Units | 345 (30.1%) |
| Median Home Value | $362,791 |
| Average Home Value | $389,397 |
Housing Distribution
Address Breakdown
Residential
695
Single Family
695
Multi-Family
0
Businesses
20
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Listed by: Dorothy Jones • Howard Hanna Capital Inc
Mls Name: Global MLS
Mls ID: #202530257