208 W Main StSackets HarborNY13685
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 208 W Main St, Sackets Harbor, NY, 13685 in Sackets Harbor. Rental yield 5.33%. At $540,000 with 5.33% gross yield, current distributions are modest, but the 5% appreciation rate projects $149,192 in new equity by year five, complemented by $4,973/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.99) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $128,038.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 5.3% | 6.2% |
| Monthly Cash Flow | $(1,210) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,396 |
| Total Monthly Debt Service | $3,391 |
| DSCR Ratio | 0.71x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1885
5,105 sqft 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
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
Single Family
Built in 1885
5,105 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices