6039 State Highway 23South New BerlinNY13843
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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
Investment property for sale in South New Berlin at 6039 State Highway 23, South New Berlin, NY, 13843 offers a 0% rental yield on a $375,000 purchase with $0/mo rent. 26% in year one. Equity gained on principal adds $2,420/yr while 5% annual appreciation supports $103,606 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $1,835/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2013
79.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13843, South New Berlin, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,019 (100%) |
| Owner Occupied HU | 644 (63.2%) |
| Renter Occupied HU | 148 (14.5%) |
| Vacant Housing Units | 227 (22.3%) |
| Median Home Value | $171,296 |
| Average Home Value | $209,418 |
Housing Distribution
Address Breakdown
Residential
755
Single Family
755
Multi-Family
0
Businesses
24
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No similar rental properties found nearby.
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Listed by: Justin Rogers • New York Trophy Properties
Mls Name: NYSAMLSs
Mls ID: #R1623958