2233 Helderberg TrlBerneNY12023
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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 Berne at 2233 Helderberg Trl, Berne, NY, 12023 generates $1,788/mo in rent and, after a $680/mo payment, leaves $860/mo in cash flow. Total monthly income is $1,788/mo, and annual cash flow is $10,321/yr on $46,079 invested. Return on cash invested sits at 42.31% in year one, and rental yield is 15.44% on a $139,000 entry. Equity gained on principal adds $897/yr, while 5% annual appreciation builds toward $38,403 over five years. Five-year ROI reaches 223.7% and total cumulative return in cash sums $103,076. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,788/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12023, Berne, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 994 (100%) |
| Owner Occupied HU | 684 (68.8%) |
| Renter Occupied HU | 103 (10.4%) |
| Vacant Housing Units | 207 (20.8%) |
| Median Home Value | $285,841 |
| Average Home Value | $306,787 |
Housing Distribution
Address Breakdown
Residential
904
Single Family
904
Multi-Family
0
Businesses
30
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