6058 State Highway 51Burlington FlatsNY13315
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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 Burlington Flats at 6058 State Highway 51, Burlington Flats, NY, 13315 generates $911/mo in rent and, after a $587/mo payment, leaves $110/mo in cash flow. Total monthly income is $911/mo, and annual cash flow is $1,320/yr on $39,780 invested. Return on cash invested sits at 23.23% in year one, and rental yield is 9.11% on a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 121.25% and total cumulative return in cash sums $48,235. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $911/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
3.80 Acres lot
$N/A/sqft
No HOA
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Listed by: Thelma Strier • Zuill Realty
Mls Name: My State MLS
Mls ID: #11583759