326 Canaday Hill RdBerneNY12023
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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 Berne at 326 Canaday Hill Rd, Berne, NY, 12023 offers $4,566/mo rent that, after a $3,817/mo payment. Total monthly income is $4,566/mo. Return on cash invested measures 17.06% in year one, and rental yield stands at 7.03% at a $779,950 entry. Equity gained on principal adds $5,033/yr while 5% annual appreciation compounds into $215,486 by year five. Five-year ROI records 88.18% and total cumulative return in cash reaches $226,273. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,566/mo property income versus a $3,817/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
24.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12023, Berne, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 994 (100%) |
| Owner Occupied HU | 684 (68.8%) |
| Renter Occupied HU | 103 (10.4%) |
| Vacant Housing Units | 207 (20.8%) |
| Median Home Value | $285,841 |
| Average Home Value | $306,787 |
Housing Distribution
Address Breakdown
Residential
904
Single Family
904
Multi-Family
0
Businesses
30
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