37 S Main StNew BerlinNY13411
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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 New Berlin at 37 S Main St, New Berlin, NY, 13411 earns $239/mo cash flow from $1,507/mo rent with a $929/mo payment. Total monthly income totals $1,507/mo, and annual cash flow totals $2,872/yr on $62,952 capital. ROI tracks 24.47% on current figures, and rental yield reads 9.52% at a $189,900 purchase. Equity gained on principal adds $1,225/yr, and 5% annual appreciation supports $52,466 over five years. Five-year ROI reaches 127.99% and total cumulative return in cash sums $80,573. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,507/mo property income instead of your personal income.
Single Family
Built in 1812
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13411, New Berlin, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,673 (100%) |
| Owner Occupied HU | 984 (58.8%) |
| Renter Occupied HU | 317 (18.9%) |
| Vacant Housing Units | 372 (22.2%) |
| Median Home Value | $144,444 |
| Average Home Value | $220,338 |
Housing Distribution
Address Breakdown
Residential
1,093
Single Family
1,093
Multi-Family
0
Businesses
82
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Listed by: Bonnie L. Monzeglio • Benson Agency Real Estate LLC
Mls Name: NYSAMLSs
Mls ID: #R1649966