1899 State Route 11bNorth 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
Investment property for sale in North Bangor at 1899 State Route 11b, North Bangor, NY, 12966 earns $93/mo cash flow from $794/mo rent with a $514/mo payment. Total monthly income totals $794/mo, and annual cash flow totals $1,113/yr on $34,808 capital. ROI tracks 23.11% on current figures, and rental yield reads 9.07% at a $105,000 purchase. Equity gained on principal adds $678/yr, and 5% annual appreciation supports $29,010 over five years. Five-year ROI reaches 120.67% and total cumulative return in cash sums $42,002. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $794/mo property income instead of your personal income.
Single Family
Built in 1980
1.80 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: Melinda St Hilaire • Home Roots Realty
Mls Name: ACVMLS
Mls ID: #206290