613 Betty Brook RdSouth KortrightNY13842
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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 South Kortright at 613 Betty Brook Rd, South Kortright, NY, 13842 priced at $999,999 pairs $816/mo rent with after a $4,895/mo payment. Total monthly income equals $816/mo. Return on cash invested is -1.32% in year one, and rental yield stands at 0.98% on a $999,999 basis. Equity gained on principal adds $6,453/yr, and 5% annual appreciation accumulates to $276,281 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $816/mo property income against a $4,895/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2006
61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13842, South Kortright, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 235 (100%) |
| Owner Occupied HU | 84 (35.7%) |
| Renter Occupied HU | 21 ( 8.9%) |
| Vacant Housing Units | 130 (55.3%) |
| Median Home Value | $263,636 |
| Average Home Value | $269,613 |
Housing Distribution
Address Breakdown
Residential
191
Single Family
191
Multi-Family
0
Businesses
9
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Listed by: Wayne Hartard • eXp Realty, LLC
Mls Name: NYSAMLSs
Mls ID: #R1592064