3523 Route 212BearsvilleNY12409
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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 Bearsville at 3523 Route 212, Bearsville, NY, 12409 offers a 12.48% rental yield on a $495,000 purchase with $5,150/mo rent. Total monthly income registers $5,150/mo, and a $2,423/mo payment leaves $1,844/mo available for distribution. Annual cash flow reaches $22,131/yr on $164,093 to close, and return on cash invested stands at 33.4% in year one. Equity gained on principal adds $3,194/yr while 5% annual appreciation supports $136,759 over five years. Portfolio math shows five-year ROI at 175.82% and total cumulative return in cash at $288,514. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,150/mo property income against a $2,423/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1905
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12409, Bearsville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 920 (100%) |
| Owner Occupied HU | 562 (61.1%) |
| Renter Occupied HU | 117 (12.7%) |
| Vacant Housing Units | 241 (26.2%) |
| Median Home Value | $723,118 |
| Average Home Value | $850,890 |
Housing Distribution
Address Breakdown
Residential
374
Single Family
374
Multi-Family
0
Businesses
45
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Listed by: Peter Cantine • Halter Associates Realty
Mls Name: HVCRMLS
Mls ID: #20252266