565 Fire Ln #5King FerryNY13081
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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 King Ferry at 565 Fire Ln #5, King Ferry, NY, 13081 priced at $540,000 pairs $1,706/mo rent with after a $2,643/mo payment. Total monthly income equals $1,706/mo. Return on cash invested is 7.23% in year one, and rental yield stands at 3.79% on a $540,000 basis. Equity gained on principal adds $3,485/yr, and 5% annual appreciation accumulates to $149,192 by year five. Five-year ROI measures 35.44% and total cumulative return in cash reaches $62,966. For financing, Ziffy Mortgage’s DSCR program evaluates $1,706/mo property income against a $2,643/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1994
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13081, King Ferry, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 651 (100%) |
| Owner Occupied HU | 363 (55.8%) |
| Renter Occupied HU | 79 (12.1%) |
| Vacant Housing Units | 209 (32.1%) |
| Median Home Value | $360,714 |
| Average Home Value | $477,975 |
Housing Distribution
Address Breakdown
Residential
451
Single Family
451
Multi-Family
0
Businesses
33
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Listed by: N/A • N/A
Mls Name: BHHS broker feed
Mls ID: #R1592596