21 Pine Knoll LaneClinton CornersNY12514
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
Investment Highlights
Rental property for sale in Clinton Corners at 21 Pine Knoll Lane, Clinton Corners, NY, 12514 generates $3,420/mo in rent, after a $3,744/mo payment. Total monthly income is $3,420/mo. Return on cash invested sits at 12.01% in year one, and rental yield is 5.36% on a $765,000 entry. Equity gained on principal adds $4,936/yr, while 5% annual appreciation builds toward $211,355 over five years. Five-year ROI reaches 61.1% and total cumulative return in cash sums $153,791. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,420/mo property income rather than buyer’s personal income.
Single Family
Built in 1987
5.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12514, Clinton Corners, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,389 (100%) |
| Owner Occupied HU | 949 (68.3%) |
| Renter Occupied HU | 225 (16.2%) |
| Vacant Housing Units | 215 (15.5%) |
| Median Home Value | $601,230 |
| Average Home Value | $700,013 |
Housing Distribution
Address Breakdown
Residential
1,259
Single Family
1,259
Multi-Family
0
Businesses
37
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Hailey Kiesewetter • Upstate Down
Mls Name: OneKey MLS
Mls ID: #899704