491 Allen RoadPorter CornersNY12859
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 Porter Corners at 491 Allen Road, Porter Corners, NY, 12859 at $399,900 posts ROI 28.11% with $906/mo cash flow from $3,576/mo rent. Total monthly income equals $3,576/mo, and annual cash flow records $10,870/yr on $132,567 to close. Return on cash invested measures 28.11% and rental yield reads 10.73% at the current $399,900. Equity gained on principal adds $2,580/yr, and 5% annual appreciation supports $110,485 by year five. Five-year ROI prints 147.45% and total cumulative return in cash totals $195,476.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,576/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1875
13.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12859, Porter Corners, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 823 (100%) |
| Owner Occupied HU | 625 (75.9%) |
| Renter Occupied HU | 108 (13.1%) |
| Vacant Housing Units | 90 (10.9%) |
| Median Home Value | $356,651 |
| Average Home Value | $424,184 |
Housing Distribution
Address Breakdown
Residential
938
Single Family
938
Multi-Family
0
Businesses
9
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Nearby investment properties with comparable prices
Listed by: Melissa C Cartier • Cartier Real Estate Group LLC
Mls Name: Global MLS
Mls Provider:
Mls ID: #202515930
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Judy Moriarty, Zillow, Inc., Corp. Broker