25524 County Route 57Three Mile BayNY13693
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 Three Mile Bay at 25524 County Route 57, Three Mile Bay, NY, 13693 generates $3,475/mo in rent, after a $5,648/mo payment. Total monthly income is $3,475/mo. Return on cash invested sits at 6.79% in year one, and rental yield is 3.61% on a $1,153,900 entry. Equity gained on principal adds $7,446/yr, while 5% annual appreciation builds toward $318,801 over five years. Five-year ROI reaches 33.06% and total cumulative return in cash sums $123,610. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,475/mo property income rather than buyer’s personal income.
Single Family
Built in 1966
2.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13693, Three Mile Bay, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,081 (100%) |
| Owner Occupied HU | 215 (19.9%) |
| Renter Occupied HU | 15 ( 1.4%) |
| Vacant Housing Units | 851 (78.7%) |
| Median Home Value | $298,750 |
| Average Home Value | $313,942 |
Housing Distribution
Address Breakdown
Residential
381
Single Family
381
Multi-Family
0
Businesses
9
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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