20040 Morin Ln SSackets HarborNY13685
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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 Sackets Harbor at 20040 Morin Ln S, Sackets Harbor, NY, 13685 earns $110/mo cash flow from $2,113/mo rent with a $1,468/mo payment. Total monthly income totals $2,113/mo, and annual cash flow totals $1,320/yr on $99,450 capital. ROI tracks 21.24% on current figures, and rental yield reads 8.45% at a $300,000 purchase. Equity gained on principal adds $1,936/yr, and 5% annual appreciation supports $82,884 over five years. Five-year ROI reaches 110.59% and total cumulative return in cash sums $109,980. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,113/mo property income instead of your personal income.
Single Family
Built in 1991
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13685, Sackets Harbor, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,670 (100%) |
| Owner Occupied HU | 626 (37.5%) |
| Renter Occupied HU | 439 (26.3%) |
| Vacant Housing Units | 605 (36.2%) |
| Median Home Value | $347,097 |
| Average Home Value | $381,685 |
Housing Distribution
Address Breakdown
Residential
1,098
Single Family
804
Multi-Family
294
Businesses
67
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Listed by: Noah Taylor • Keller Williams Northern New York
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #S1618314
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