291 Lykers RoadCentral BridgeNY12035
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 Central Bridge at 291 Lykers Road, Central Bridge, NY, 12035 offers $3,488/mo rent that, after a $1,713/mo payment, leaves $1,151/mo cash flow. Total monthly income is $3,488/mo, and annual cash flow is $13,810/yr on $116,025 cash. Return on cash invested measures 31.81% in year one, and rental yield stands at 11.96% at a $350,000 entry. Equity gained on principal adds $2,258/yr while 5% annual appreciation compounds into $96,699 by year five. Five-year ROI records 167.3% and total cumulative return in cash reaches $194,114. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,488/mo property income versus a $1,713/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
5.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12035, Central Bridge, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 398 (100%) |
| Owner Occupied HU | 254 (63.8%) |
| Renter Occupied HU | 78 (19.6%) |
| Vacant Housing Units | 66 (16.6%) |
| Median Home Value | $208,209 |
| Average Home Value | $311,811 |
Housing Distribution
Address Breakdown
Residential
195
Single Family
185
Multi-Family
10
Businesses
16
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Listed by: Christy L Gillespie-Quinn • Country Boy Realty
Mls Name: Global MLS
Mls ID: #202531040