1913 Woods Edge DrMillportNY14864
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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 Millport at 1913 Woods Edge Dr, Millport, NY, 14864 offers a 5.46% rental yield on a $395,900 purchase with $1,800/mo rent. 19% in year one. Equity gained on principal adds $2,555/yr while 5% annual appreciation supports $109,380 over five years. Portfolio math shows five-year ROI at 62.09% and total cumulative return in cash at $81,493. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,800/mo property income against a $1,938/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
2.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14864, Millport, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 575 (100%) |
| Owner Occupied HU | 407 (70.8%) |
| Renter Occupied HU | 124 (21.6%) |
| Vacant Housing Units | 44 ( 7.7%) |
| Median Home Value | $162,946 |
| Average Home Value | $193,415 |
Housing Distribution
Address Breakdown
Residential
547
Single Family
547
Multi-Family
0
Businesses
21
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Listed by: Thomas (Tom) Crout • Signature Properties
Mls Name: ECMLS
Mls Provider:
Mls ID: #274258
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