20 Mill StNorth bangorNY12966
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 North bangor at 20 Mill St, North bangor, NY, 12966 priced at $118,500 pairs $941/mo rent with $150/mo cash flow after a $580/mo payment. Total monthly income equals $941/mo, and annual cash flow comes to $1,796/yr on $39,283 invested. Return on cash invested is 24.48% in year one, and rental yield stands at 9.53% on a $118,500 basis. Equity gained on principal adds $765/yr, and 5% annual appreciation accumulates to $32,739 by year five. Five-year ROI measures 128.04% and total cumulative return in cash reaches $50,296. For financing, Ziffy Mortgage’s DSCR program evaluates $941/mo property income against a $580/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1878
1.40 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Elizabeth Chatland • North Country Realty
Mls Name: ACVMLS
Mls ID: #205449