1963 County Road 53Brasher FallsNY13613
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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 Brasher Falls at 1963 County Road 53, Brasher Falls, NY, 13613 priced at $159,900 converts $1,217/mo rent into $149/mo cash flow after a $783/mo obligation. Total monthly income equals $1,217/mo, and annual cash flow totals $1,786/yr on $53,007 invested. Return on cash invested prints 23.28% in year one, and rental yield reads 9.13% against a $159,900 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation compiles into $44,177 by year five. Five-year ROI reaches 121.58% and total cumulative return in cash sums $64,446. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,217/mo property income covering a $783/mo payment, not borrower’s personal income.
Single Family
Built in 1900
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13613, Brasher Falls, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,152 (100%) |
| Owner Occupied HU | 805 (69.9%) |
| Renter Occupied HU | 190 (16.5%) |
| Vacant Housing Units | 157 (13.6%) |
| Median Home Value | $171,274 |
| Average Home Value | $221,811 |
Housing Distribution
Address Breakdown
Residential
1,013
Single Family
953
Multi-Family
60
Businesses
38
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Listed by: Diana Dufresne • 1st Class Realty Group
Mls Name: SLCMLS
Mls ID: #52071