2842 Plank RoadPt HenryNY12956
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
Investment property for sale in Pt Henry at 2842 Plank Road, Pt Henry, NY, 12956 earns $1,200/mo cash flow from $4,001/mo rent with a $2,053/mo payment. Total monthly income totals $4,001/mo, and annual cash flow totals $14,399/yr on $139,064 capital. ROI tracks 30.26% on current figures, and rental yield reads 11.45% at a $419,500 purchase. Equity gained on principal adds $2,707/yr, and 5% annual appreciation supports $115,900 over five years. Five-year ROI reaches 159% and total cumulative return in cash sums $221,106. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,001/mo property income instead of your personal income.
Single Family
Built in 2007
2.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12956, Mineville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 574 (100%) |
| Owner Occupied HU | 361 (62.9%) |
| Renter Occupied HU | 113 (19.7%) |
| Vacant Housing Units | 100 (17.4%) |
| Median Home Value | $124,167 |
| Average Home Value | $205,533 |
Housing Distribution
Address Breakdown
Residential
397
Single Family
397
Multi-Family
0
Businesses
9
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brenda Baker • Coldwell Banker Whitbeck Assoc
Mls Name: Global MLS
Mls Provider:
Mls ID: #202423980
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. Judy Moriarty, Zillow, Inc., Corp. Broker