287 Bird Pond RoadNorth CreekNY12853
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 North Creek at 287 Bird Pond Road, North Creek, NY, 12853 priced at $289,000 converts $2,518/mo rent into $588/mo cash flow after a $1,415/mo obligation. Total monthly income equals $2,518/mo, and annual cash flow totals $7,051/yr on $95,804 invested. Return on cash invested prints 27.27% in year one, and rental yield reads 10.46% against a $289,000 entry. Equity gained on principal adds $1,865/yr, while 5% annual appreciation compiles into $79,845 by year five. Five-year ROI reaches 142.96% and total cumulative return in cash sums $136,958. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,518/mo property income covering a $1,415/mo payment, not borrower’s personal income.
Single Family
Built in 1970
1.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12853, North Creek, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,286 (100%) |
| Owner Occupied HU | 583 (45.3%) |
| Renter Occupied HU | 146 (11.4%) |
| Vacant Housing Units | 557 (43.3%) |
| Median Home Value | $304,643 |
| Average Home Value | $309,721 |
Housing Distribution
Address Breakdown
Residential
489
Single Family
489
Multi-Family
0
Businesses
79
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Nearby investment properties with comparable prices
Listed by: Ann Hanaburgh • 4 Seasons ADK Real Estate LLC
Mls Name: Global MLS
Mls ID: #202610255