186 Burdick RdMilfordNY13807
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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 Milford at 186 Burdick Rd, Milford, NY, 13807 priced at $515,000 pairs $2,340/mo rent with after a $2,521/mo payment. Total monthly income equals $2,340/mo. Return on cash invested is 12.27% in year one, and rental yield stands at 5.45% on a $515,000 basis. Equity gained on principal adds $3,323/yr, and 5% annual appreciation accumulates to $142,285 by year five. Five-year ROI measures 62.52% and total cumulative return in cash reaches $105,925. For financing, Ziffy Mortgage’s DSCR program evaluates $2,340/mo property income against a $2,521/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2007
5.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13807, Milford, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 747 (100%) |
| Owner Occupied HU | 387 (51.8%) |
| Renter Occupied HU | 123 (16.5%) |
| Vacant Housing Units | 237 (31.7%) |
| Median Home Value | $205,500 |
| Average Home Value | $252,054 |
Housing Distribution
Address Breakdown
Residential
351
Single Family
351
Multi-Family
0
Businesses
49
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