200 Spencer AveSylvan BeachNY13157
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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 Sylvan Beach at 200 Spencer Ave, Sylvan Beach, NY, 13157 offers $3,273/mo rent that, after a $2,325/mo payment, leaves $101/mo cash flow. Total monthly income is $3,273/mo, and annual cash flow is $1,211/yr on $157,463 cash. Return on cash invested measures 20.68% in year one, and rental yield stands at 8.27% at a $475,000 entry. Equity gained on principal adds $3,065/yr while 5% annual appreciation compounds into $131,234 by year five. Five-year ROI records 107.6% and total cumulative return in cash reaches $169,435. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,273/mo property income versus a $2,325/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
10,201 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13157, Sylvan Beach, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 478 (100%) |
| Owner Occupied HU | 185 (38.7%) |
| Renter Occupied HU | 83 (17.4%) |
| Vacant Housing Units | 210 (43.9%) |
| Median Home Value | $253,571 |
| Average Home Value | $296,797 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
39
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Listed by: Codey Fuller • Berkshire Hathaway CNY Realty
Mls Name: NYSAMLSs
Mls ID: #S1646543