54 Fenner Hill RdPort CraneNY13833
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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 Port Crane at 54 Fenner Hill Rd, Port Crane, NY, 13833 priced at $185,000 converts $1,930/mo rent into $695/mo cash flow after a $905/mo obligation. Total monthly income equals $1,930/mo, and annual cash flow totals $8,341/yr on $61,328 invested. Return on cash invested prints 33.51% in year one, and rental yield reads 12.52% against a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation compiles into $51,112 by year five. Five-year ROI reaches 176.5% and total cumulative return in cash sums $108,243. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,930/mo property income covering a $905/mo payment, not borrower’s personal income.
Multi Family
Built in 1986
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13833, Port Crane, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,948 (100%) |
| Owner Occupied HU | 1,433 (73.6%) |
| Renter Occupied HU | 291 (14.9%) |
| Vacant Housing Units | 224 (11.5%) |
| Median Home Value | $178,545 |
| Average Home Value | $253,564 |
Housing Distribution
Address Breakdown
Residential
1,615
Single Family
1,547
Multi-Family
68
Businesses
48
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Listed by: Kevin O'Neill • WARREN REAL ESTATE (FRONT STREET)
Mls Name: GBMLS
Mls Provider:
Mls ID: #323627
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.