2378 State Route 11North BangorNY12966
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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 North Bangor at 2378 State Route 11, North Bangor, NY, 12966 listed at $150,000 pairs $1,192/mo rent with a $734/mo payment to leave $191/mo cash flow. Total monthly income runs $1,192/mo, and annual cash flow reaches $2,286/yr on $49,725 cash to close. Return on cash invested measures 24.51% in year one, and rental yield registers 9.54% at a $150,000 basis. Equity gained on principal adds $968/yr, and annual property appreciation at 5% supports $41,442 by year five. Five-year ROI tracks 128.2% and total cumulative return in cash totals $63,750. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,192/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1902
1.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12966, North Bangor, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,393 (100%) |
| Owner Occupied HU | 935 (67.1%) |
| Renter Occupied HU | 217 (15.6%) |
| Vacant Housing Units | 241 (17.3%) |
| Median Home Value | $147,538 |
| Average Home Value | $263,674 |
Housing Distribution
Address Breakdown
Residential
1,191
Single Family
1,172
Multi-Family
19
Businesses
32
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Listed by: JoAnna Brown • Northern Adirondack Realty
Mls Name: ACVMLS
Mls Provider:
Mls ID: #203136
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.