21 Adams LnNewcombNY12852
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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 Newcomb at 21 Adams Ln, Newcomb, NY, 12852 listed at $314,900 pairs $2,176/mo rent with a $1,541/mo payment to leave $73/mo cash flow. Total monthly income runs $2,176/mo, and annual cash flow reaches $881/yr on $104,389 cash to close. Return on cash invested measures 20.75% in year one, and rental yield registers 8.29% at a $314,900 basis. Equity gained on principal adds $2,032/yr, and annual property appreciation at 5% supports $87,001 by year five. Five-year ROI tracks 108.03% and total cumulative return in cash totals $112,774. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,176/mo property income relative to a $1,541/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1987
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12852, Newcomb, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 679 (100%) |
| Owner Occupied HU | 166 (24.4%) |
| Renter Occupied HU | 23 ( 3.4%) |
| Vacant Housing Units | 490 (72.2%) |
| Median Home Value | $305,882 |
| Average Home Value | $334,443 |
Housing Distribution
Address Breakdown
Residential
140
Single Family
140
Multi-Family
0
Businesses
19
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Listed by: S Judith (Judy) Morris • Higher Places Realty
Mls Name: ACVMLS
Mls Provider:
Mls ID: #205029
Disclaimer: Listing data courtesy of the Internet Data Exchange (IDX) Program of the Adirondack Champlain Valley Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information deemed reliable but not guaranteed.