203 Columbia RoadSprakersNY12166
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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 Sprakers at 203 Columbia Road, Sprakers, NY, 12166 priced at $399,999 converts $3,292/mo rent into $621/mo cash flow after a $1,958/mo obligation. Total monthly income equals $3,292/mo, and annual cash flow totals $7,448/yr on $132,600 invested. Return on cash invested prints 25.53% in year one, and rental yield reads 9.88% against a $399,999 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation compiles into $110,512 by year five. Five-year ROI reaches 133.6% and total cumulative return in cash sums $177,159. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,292/mo property income covering a $1,958/mo payment, not borrower’s personal income.
Single Family
Built in 1987
3.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12166, Sprakers, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 668 (100%) |
| Owner Occupied HU | 505 (75.6%) |
| Renter Occupied HU | 84 (12.6%) |
| Vacant Housing Units | 79 (11.8%) |
| Median Home Value | $196,802 |
| Average Home Value | $230,426 |
Housing Distribution
Address Breakdown
Residential
552
Single Family
552
Multi-Family
0
Businesses
25
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