298 W Hill RdSouth New BerlinNY13843
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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 South New Berlin at 298 W Hill Rd, South New Berlin, NY, 13843 at $279,000 posts ROI 24.94% with $387/mo cash flow from $2,251/mo rent. Total monthly income equals $2,251/mo, and annual cash flow records $4,649/yr on $92,489 to close. Return on cash invested measures 24.94% and rental yield reads 9.68% at the current $279,000. Equity gained on principal adds $1,800/yr, and 5% annual appreciation supports $77,083 by year five. Five-year ROI prints 130.47% and total cumulative return in cash totals $120,667.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,251/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1990
40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13843, South New Berlin, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,019 (100%) |
| Owner Occupied HU | 644 (63.2%) |
| Renter Occupied HU | 148 (14.5%) |
| Vacant Housing Units | 227 (22.3%) |
| Median Home Value | $171,296 |
| Average Home Value | $209,418 |
Housing Distribution
Address Breakdown
Residential
755
Single Family
755
Multi-Family
0
Businesses
24
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Nearby investment properties with comparable prices
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