39 Hornbeck LaneAccordNY12404
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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 Accord at 39 Hornbeck Lane, Accord, NY, 12404 priced at $1,195,000 pairs $4,951/mo rent with after a $5,849/mo payment. Total monthly income equals $4,951/mo. Return on cash invested is 10.98% in year one, and rental yield stands at 4.97% on a $1,195,000 basis. Equity gained on principal adds $7,711/yr, and 5% annual appreciation accumulates to $330,156 by year five. Five-year ROI measures 55.52% and total cumulative return in cash reaches $214,970. For financing, Ziffy Mortgage’s DSCR program evaluates $4,951/mo property income against a $5,849/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2010
4.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12404, Accord, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,185 (100%) |
| Owner Occupied HU | 1,371 (62.7%) |
| Renter Occupied HU | 301 (13.8%) |
| Vacant Housing Units | 513 (23.5%) |
| Median Home Value | $509,054 |
| Average Home Value | $595,117 |
Housing Distribution
Address Breakdown
Residential
1,674
Single Family
1,674
Multi-Family
0
Businesses
88
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