61 S South 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 61 S South Shore Rd, Inlet, NY, 13360 projects strong ROI of 1.8%. Rental yield 2%. With 5% annual appreciation, the property builds $621,357 in value over five years. Equity growth combined delivers a projected five-year ROI of 6.3%, translating into $45,939 in total cumulative return on $728,676 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 2015
68.50 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: Dawn Timm • Timm Associates Sotheby's International Realty-BML
Mls Name: ACVMLS
Mls Provider:
Mls ID: #201718
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.