3 Blue Bird LnSpringportNY13160
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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 Springport at 3 Blue Bird Ln, Springport, NY, 13160 with 5% annual appreciation on a $182,860 basis while $1,320/mo rent supports operations. Total monthly income totals $1,320/mo and a $895/mo payment preserves $99/mo for cash returns. Annual cash flow comes to $1,187/yr on $60,618 deployed, and return on cash invested reaches 21.87% in year one. Equity gained on principal adds $1,180/yr, and five-year appreciation sums $50,521 alongside rental yield of 8.66%. Five-year ROI measures 113.99% and total cumulative return in cash totals $69,099.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,320/mo property income versus a $895/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2025
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13160, Union Springs, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,025 (100%) |
| Owner Occupied HU | 639 (62.3%) |
| Renter Occupied HU | 173 (16.9%) |
| Vacant Housing Units | 213 (20.8%) |
| Median Home Value | $298,558 |
| Average Home Value | $362,602 |
Housing Distribution
Address Breakdown
Residential
554
Single Family
522
Multi-Family
32
Businesses
51
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Listed by: Paulette LeFever • Lake Country Real Estate
Mls Name: NYSAMLSs
Mls ID: #S1603950