5A & 5B S Shore RdInletNY13360
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 Inlet at 5A & 5B S Shore Rd, Inlet, NY, 13360 at $1,950,000 posts ROI 6.69% with from $5,818/mo rent. Total monthly income equals $5,818/mo. Return on cash invested measures 6.69% and rental yield reads 3.58% at the current $1,950,000. Equity gained on principal adds $12,583/yr, and 5% annual appreciation supports $538,749 by year five. Five-year ROI prints 32.5% and total cumulative return in cash totals $205,349. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,818/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1910
3.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13360, Inlet, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 993 (100%) |
| Owner Occupied HU | 139 (14.0%) |
| Renter Occupied HU | 46 ( 4.6%) |
| Vacant Housing Units | 808 (81.4%) |
| Median Home Value | $404,630 |
| Average Home Value | $388,112 |
Housing Distribution
Address Breakdown
Residential
46
Single Family
46
Multi-Family
0
Businesses
53
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Nearby investment properties with comparable prices
Listed by: Tory Dunn • Herron Realty
Mls Name: ACVMLS
Mls Provider:
Mls ID: #202747
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.