6590 Lake Rd SBergenNY14416
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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 Bergen at 6590 Lake Rd S, Bergen, NY, 14416 offers a 2.58% rental yield on a $475,000 purchase with $1,020/mo rent. 51% in year one. Equity gained on principal adds $3,065/yr while 5% annual appreciation supports $131,234 over five years. Portfolio math shows five-year ROI at 15.53% and total cumulative return in cash at $24,451. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,020/mo property income against a $2,325/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1849
0.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14416, Bergen, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,604 (100%) |
| Owner Occupied HU | 1,197 (74.6%) |
| Renter Occupied HU | 282 (17.6%) |
| Vacant Housing Units | 125 ( 7.8%) |
| Median Home Value | $190,848 |
| Average Home Value | $287,728 |
Housing Distribution
Address Breakdown
Residential
1,453
Single Family
1,411
Multi-Family
42
Businesses
92
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