307 Rabie RoadAverill ParkNY12018
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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 Averill Park at 307 Rabie Road, Averill Park, NY, 12018 offers a 7.7% rental yield on a $575,000 purchase with $3,689/mo rent. 11% in year one. Equity gained on principal adds $3,710/yr while 5% annual appreciation supports $158,862 over five years. Portfolio math shows five-year ROI at 99.15% and total cumulative return in cash at $187,571. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,689/mo property income against a $2,814/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
2.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12018, Averill Park, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,597 (100%) |
| Owner Occupied HU | 2,676 (74.4%) |
| Renter Occupied HU | 532 (14.8%) |
| Vacant Housing Units | 389 (10.8%) |
| Median Home Value | $350,461 |
| Average Home Value | $386,443 |
Housing Distribution
Address Breakdown
Residential
3,116
Single Family
3,116
Multi-Family
0
Businesses
98
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Listed by: Shane Wagner • Vera Cohen Realty, LLC
Mls Name: Global MLS
Mls ID: #202530302