289 Campsite RdNewcombNY12852
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 Newcomb at 289 Campsite Rd, Newcomb, NY, 12852 offers a 8.06% rental yield on a $289,000 purchase with $1,941/mo rent. Total monthly income registers $1,941/mo, and a $1,415/mo payment leaves $11/mo available for distribution. Annual cash flow reaches $127/yr on $95,804 to close, and return on cash invested stands at 20.04% in year one. Equity gained on principal adds $1,865/yr while 5% annual appreciation supports $79,845 over five years. Portfolio math shows five-year ROI at 104.2% and total cumulative return in cash at $99,830. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,941/mo property income against a $1,415/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
29.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12852, Newcomb, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 679 (100%) |
| Owner Occupied HU | 166 (24.4%) |
| Renter Occupied HU | 23 ( 3.4%) |
| Vacant Housing Units | 490 (72.2%) |
| Median Home Value | $305,882 |
| Average Home Value | $334,443 |
Housing Distribution
Address Breakdown
Residential
140
Single Family
140
Multi-Family
0
Businesses
19
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Listed by: Troy Ford • Troy A Ford Real Estate
Mls Name: ACVMLS
Mls Provider:
Mls ID: #203771
Disclaimer: Listing data courtesy of the Internet Data Exchange (IDX) Program of the Adirondack Champlain Valley Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information deemed reliable but not guaranteed.