187 Gidley RoadEsperanceNY12066
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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 Esperance at 187 Gidley Road, Esperance, NY, 12066 priced at $509,000 pairs $3,179/mo rent with after a $2,491/mo payment. Total monthly income equals $3,179/mo. Return on cash invested is 18.49% in year one, and rental yield stands at 7.49% on a $509,000 basis. Equity gained on principal adds $3,285/yr, and 5% annual appreciation accumulates to $140,627 by year five. Five-year ROI measures 95.84% and total cumulative return in cash reaches $160,489. For financing, Ziffy Mortgage’s DSCR program evaluates $3,179/mo property income against a $2,491/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1996
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12066, Esperance, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 898 (100%) |
| Owner Occupied HU | 716 (79.7%) |
| Renter Occupied HU | 100 (11.1%) |
| Vacant Housing Units | 82 ( 9.1%) |
| Median Home Value | $228,261 |
| Average Home Value | $267,737 |
Housing Distribution
Address Breakdown
Residential
766
Single Family
766
Multi-Family
0
Businesses
25
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