188 Blackman Corners RdMooers ForksNY12959
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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 Mooers Forks at 188 Blackman Corners Rd, Mooers Forks, NY, 12959 priced at $214,500 converts $0/mo rent into after a $1,050/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -4.27% in year one, and rental yield reads 0% against a $214,500 entry. Equity gained on principal adds $1,384/yr, while 5% annual appreciation compiles into $59,262 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $1,050/mo payment, not borrower’s personal income.
Single Family
Built in 1910
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12959, Mooers Forks, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 634 (100%) |
| Owner Occupied HU | 427 (67.4%) |
| Renter Occupied HU | 95 (15.0%) |
| Vacant Housing Units | 112 (17.7%) |
| Median Home Value | $215,051 |
| Average Home Value | $209,930 |
Housing Distribution
Address Breakdown
Residential
564
Single Family
564
Multi-Family
0
Businesses
6
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No similar rental properties found nearby.
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Listed by: Virginia McLaughlin • Red Door Realty & Associates
Mls Name: ACVMLS
Mls ID: #205258