261 Bannister RdBreesportNY14816
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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 Breesport at 261 Bannister Rd, Breesport, NY, 14816 listed at $145,000 pairs $2,077/mo rent with a $710/mo payment to leave $1,108/mo cash flow. Total monthly income runs $2,077/mo, and annual cash flow reaches $13,301/yr on $48,068 cash to close. Return on cash invested measures 47.58% in year one, and rental yield registers 17.19% at a $145,000 basis. Equity gained on principal adds $936/yr, and annual property appreciation at 5% supports $40,061 by year five. Five-year ROI tracks 251.94% and total cumulative return in cash totals $121,100. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,077/mo property income relative to a $710/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
0.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14816, Breesport, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 234 (100%) |
| Owner Occupied HU | 189 (80.8%) |
| Renter Occupied HU | 33 (14.1%) |
| Vacant Housing Units | 12 ( 5.1%) |
| Median Home Value | $158,152 |
| Average Home Value | $180,820 |
Housing Distribution
Address Breakdown
Residential
202
Single Family
202
Multi-Family
0
Businesses
11
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Listed by: Macie Drake • Howard Hanna Elmira
Mls Name: ECMLS
Mls Provider:
Mls ID: #276503
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.