27454 County Route 57Three Mile BayNY13693
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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 Three Mile Bay at 27454 County Route 57, Three Mile Bay, NY, 13693 offers a 0% rental yield on a $899,900 purchase with $0/mo rent. 3% in year one. Equity gained on principal adds $5,807/yr while 5% annual appreciation supports $248,626 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $4,405/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
7.55 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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No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Amanda J Miller • Lake Ontario Realty, LLC
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #S1634659
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