50 Bowen RdNorth BangorNY12966
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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 North Bangor at 50 Bowen Rd, North Bangor, NY, 12966 with 5% annual appreciation on a $315,000 basis while $2,477/mo rent supports operations. Total monthly income totals $2,477/mo and a $1,542/mo payment preserves $373/mo for cash returns. Annual cash flow comes to $4,479/yr on $104,423 deployed, and return on cash invested reaches 24.2% in year one. Equity gained on principal adds $2,033/yr, and five-year appreciation sums $87,029 alongside rental yield of 9.44%. Five-year ROI measures 126.51% and total cumulative return in cash totals $132,101.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,477/mo property income versus a $1,542/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2008
3.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12966, North Bangor, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,393 (100%) |
| Owner Occupied HU | 935 (67.1%) |
| Renter Occupied HU | 217 (15.6%) |
| Vacant Housing Units | 241 (17.3%) |
| Median Home Value | $147,538 |
| Average Home Value | $263,674 |
Housing Distribution
Address Breakdown
Residential
1,191
Single Family
1,172
Multi-Family
19
Businesses
32
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Listed by: Douglas Clark • North Country Realty
Mls Name: ACVMLS
Mls Provider:
Mls ID: #203790
Disclaimer: Listing data courtesy of the Internet Data Exchange (IDX) Program of the Adirondack Champlain Valley Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information deemed reliable but not guaranteed.