176 Higgins Bay Rd LOT 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
Investment property for sale in Piseco at 176 Higgins Bay Rd LOT 8, Piseco, NY, 12139 offers a 0% rental yield on a $150,000 purchase with $0/mo rent. 26% in year one. Equity gained on principal adds $968/yr while 5% annual appreciation supports $41,442 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1975
10,000 sqft 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: Christine Nester Hughes • Hunt Real Estate Era Cl
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #S1617350
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