36 Freebern RoadNorth CreekNY12853
Nearby investment properties with comparable rents
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 North Creek at 36 Freebern Road, North Creek, NY, 12853 at $359,500 posts ROI 21.85% with $193/mo cash flow from $2,594/mo rent. Total monthly income equals $2,594/mo, and annual cash flow records $2,315/yr on $119,174 to close. Return on cash invested measures 21.85% and rental yield reads 8.66% at the current $359,500. Equity gained on principal adds $2,320/yr, and 5% annual appreciation supports $99,323 by year five. Five-year ROI prints 113.9% and total cumulative return in cash totals $135,740.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,594/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 1989
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12853, North Creek, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,286 (100%) |
| Owner Occupied HU | 583 (45.3%) |
| Renter Occupied HU | 146 (11.4%) |
| Vacant Housing Units | 557 (43.3%) |
| Median Home Value | $304,643 |
| Average Home Value | $309,721 |
Housing Distribution
Address Breakdown
Residential
489
Single Family
489
Multi-Family
0
Businesses
79
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Nearby investment properties with comparable prices
Listed by: Erwin Morris • Gore Mountain Realty LLC
Mls Name: Global MLS
Mls ID: #202527378