61 West StNew BerlinNY13411
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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 New Berlin at 61 West St, New Berlin, NY, 13411 with 5% annual appreciation on a $140,000 basis while $1,590/mo rent supports operations. Total monthly income totals $1,590/mo and a $685/mo payment preserves $655/mo for cash returns. Annual cash flow comes to $7,864/yr on $46,410 deployed, and return on cash invested reaches 36.85% in year one. Equity gained on principal adds $903/yr, and five-year appreciation sums $38,679 alongside rental yield of 13.63%. Five-year ROI measures 194.44% and total cumulative return in cash totals $90,238.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,590/mo property income versus a $685/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1934
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13411, New Berlin, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,673 (100%) |
| Owner Occupied HU | 984 (58.8%) |
| Renter Occupied HU | 317 (18.9%) |
| Vacant Housing Units | 372 (22.2%) |
| Median Home Value | $144,444 |
| Average Home Value | $220,338 |
Housing Distribution
Address Breakdown
Residential
1,093
Single Family
1,093
Multi-Family
0
Businesses
82
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Listed by: Suzanne E. Nogaret • RPI Realty
Mls Name: NYSAMLSs
Mls ID: #R1643259