3 Rock Mountain EstatesAccordNY12404
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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
Rental property for sale in Accord at 3 Rock Mountain Estates, Accord, NY, 12404 generates $3,840/mo in rent and, after a $2,442/mo payment, leaves $508/mo in cash flow. Total monthly income is $3,840/mo, and annual cash flow is $6,097/yr on $165,419 invested. Return on cash invested sits at 23.6% in year one, and rental yield is 9.23% on a $499,000 entry. Equity gained on principal adds $3,220/yr, while 5% annual appreciation builds toward $137,865 over five years. Five-year ROI reaches 123.26% and total cumulative return in cash sums $203,898. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,840/mo property income rather than buyer’s personal income.
Single Family
Built in 1992
1.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12404, Accord, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,185 (100%) |
| Owner Occupied HU | 1,371 (62.7%) |
| Renter Occupied HU | 301 (13.8%) |
| Vacant Housing Units | 513 (23.5%) |
| Median Home Value | $509,054 |
| Average Home Value | $595,117 |
Housing Distribution
Address Breakdown
Residential
1,674
Single Family
1,674
Multi-Family
0
Businesses
88
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