23 Briar Patch LaneClinton CornersNY12514
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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 Clinton Corners at 23 Briar Patch Lane, Clinton Corners, NY, 12514 offers $3,420/mo rent that, after a $3,157/mo payment. Total monthly income is $3,420/mo. Return on cash invested measures 15.04% in year one, and rental yield stands at 6.36% at a $645,000 entry. Equity gained on principal adds $4,162/yr while 5% annual appreciation compounds into $178,202 by year five. Five-year ROI records 77.37% and total cumulative return in cash reaches $164,176. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,420/mo property income versus a $3,157/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1987
5.01 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
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Listed by: Sean C. Eidle • BHHS Hudson Valley Properties
Mls Name: OneKey MLS
Mls ID: #955883