346 Gifford Hollow RdBerneNY12023
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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
Investment property for sale in Berne at 346 Gifford Hollow Rd, Berne, NY, 12023 at $309,450 posts ROI 34.66% with $1,261/mo cash flow from $3,328/mo rent. Total monthly income equals $3,328/mo, and annual cash flow records $15,134/yr on $102,583 to close. Return on cash invested measures 34.66% and rental yield reads 12.91% at the current $309,450. Equity gained on principal adds $1,997/yr, and 5% annual appreciation supports $85,495 by year five. Five-year ROI prints 182.63% and total cumulative return in cash totals $187,347.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,328/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1972
N/A 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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