228 Bird Pond RoadNorth CreekNY12853
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 North Creek at 228 Bird Pond Road, North Creek, NY, 12853 generates $2,194/mo in rent and, after a $1,219/mo payment, leaves $531/mo in cash flow. Total monthly income is $2,194/mo, and annual cash flow is $6,371/yr on $82,544 invested. Return on cash invested sits at 27.63% in year one, and rental yield is 10.57% on a $249,000 entry. Equity gained on principal adds $1,607/yr, while 5% annual appreciation builds toward $68,794 over five years. Five-year ROI reaches 144.88% and total cumulative return in cash sums $119,588. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,194/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
3.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12853, North Creek, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,286 (100%) |
| Owner Occupied HU | 583 (45.3%) |
| Renter Occupied HU | 146 (11.4%) |
| Vacant Housing Units | 557 (43.3%) |
| Median Home Value | $304,643 |
| Average Home Value | $309,721 |
Housing Distribution
Address Breakdown
Residential
489
Single Family
489
Multi-Family
0
Businesses
79
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tina M Arcuri-Demarsh • DeMarsh Real Estate
Mls Name: Global MLS
Mls ID: #202528585