54 Bald Hill RdSpencerNY14883
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity Builder54 Bald Hill Rd, Spencer, NY, 14883 in Spencer is a stable, well-positioned rental at $525,000. Rental yield 7.63%. DSCR 1.41 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $145,048 in value and $4,835/yr in principal paydown builds equity, a total projected return of $189,376.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 7.6% | 6.2% |
| Monthly Cash Flow | $(167) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $3,338 |
| Total Monthly Debt Service | $3,297 |
| DSCR Ratio | 1.01x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 2000
2.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14883, Spencer, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,715 (100%) |
| Owner Occupied HU | 1,140 (66.5%) |
| Renter Occupied HU | 383 (22.3%) |
| Vacant Housing Units | 192 (11.2%) |
| Median Home Value | $191,905 |
| Average Home Value | $236,441 |
Housing Distribution
Address Breakdown
Residential
1,633
Single Family
1,621
Multi-Family
12
Businesses
84
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
Multi Family
Built in 2000
2.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14883, Spencer, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,715 (100%) |
| Owner Occupied HU | 1,140 (66.5%) |
| Renter Occupied HU | 383 (22.3%) |
| Vacant Housing Units | 192 (11.2%) |
| Median Home Value | $191,905 |
| Average Home Value | $236,441 |
Housing Distribution
Address Breakdown
Residential
1,633
Single Family
1,621
Multi-Family
12
Businesses
84
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices