3 Alder Brook RdVermontvilleNY12989
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 Vermontville at 3 Alder Brook Rd, Vermontville, NY, 12989 priced at $445,000 converts $4,116/mo rent into $1,144/mo cash flow after a $2,178/mo obligation. Total monthly income equals $4,116/mo, and annual cash flow totals $13,733/yr on $147,518 invested. Return on cash invested prints 29.22% in year one, and rental yield reads 11.1% against a $445,000 entry. Equity gained on principal adds $2,872/yr, while 5% annual appreciation compiles into $122,945 by year five. Five-year ROI reaches 153.41% and total cumulative return in cash sums $226,304. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,116/mo property income covering a $2,178/mo payment, not borrower’s personal income.
Single Family
Built in 2002
21.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12989, Vermontville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 874 (100%) |
| Owner Occupied HU | 385 (44.1%) |
| Renter Occupied HU | 48 ( 5.5%) |
| Vacant Housing Units | 441 (50.5%) |
| Median Home Value | $271,875 |
| Average Home Value | $314,435 |
Housing Distribution
Address Breakdown
Residential
467
Single Family
467
Multi-Family
0
Businesses
14
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Listed by: Kathryn (Kate) Bencze • Coldwell Banker Whitbeck Assoc Tupper Lake
Mls Name: ACVMLS
Mls Provider:
Mls ID: #200557
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.