602 Turnpike RdBuskirkNY12028
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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 Buskirk at 602 Turnpike Rd, Buskirk, NY, 12028 offers $4,278/mo rent that, after a $3,271/mo payment. Total monthly income is $4,278/mo. Return on cash invested measures 19.05% in year one, and rental yield stands at 7.68% at a $668,200 entry. Equity gained on principal adds $4,312/yr while 5% annual appreciation compounds into $184,611 by year five. Five-year ROI records 98.87% and total cumulative return in cash reaches $217,360. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,278/mo property income versus a $3,271/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2013
6.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12028, Buskirk, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 623 (100%) |
| Owner Occupied HU | 451 (72.4%) |
| Renter Occupied HU | 109 (17.5%) |
| Vacant Housing Units | 63 (10.1%) |
| Median Home Value | $282,746 |
| Average Home Value | $401,247 |
Housing Distribution
Address Breakdown
Residential
510
Single Family
510
Multi-Family
0
Businesses
3
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