1822 State Route 11North BangorNY12966
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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 North Bangor at 1822 State Route 11, North Bangor, NY, 12966 generates $1,431/mo in rent and, after a $928/mo payment, leaves $165/mo in cash flow. Total monthly income is $1,431/mo, and annual cash flow is $1,981/yr on $62,819 invested. Return on cash invested sits at 23.06% in year one, and rental yield is 9.06% on a $189,500 entry. Equity gained on principal adds $1,223/yr, while 5% annual appreciation builds toward $52,355 over five years. Five-year ROI reaches 120.48% and total cumulative return in cash sums $75,683. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,431/mo property income rather than buyer’s personal income.
Single Family
Built in 1997
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12966, North Bangor, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,393 (100%) |
| Owner Occupied HU | 935 (67.1%) |
| Renter Occupied HU | 217 (15.6%) |
| Vacant Housing Units | 241 (17.3%) |
| Median Home Value | $147,538 |
| Average Home Value | $263,674 |
Housing Distribution
Address Breakdown
Residential
1,191
Single Family
1,172
Multi-Family
19
Businesses
32
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Listed by: Douglas Clark • North Country Realty
Mls Name: ACVMLS
Mls ID: #205294