6938 Klock RdThree Mile BayNY13693
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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 Three Mile Bay at 6938 Klock Rd, Three Mile Bay, NY, 13693 earns $898/mo cash flow from $2,827/mo rent with a $1,414/mo payment. Total monthly income totals $2,827/mo, and annual cash flow totals $10,775/yr on $95,743 capital. ROI tracks 31.16% on current figures, and rental yield reads 11.75% at a $288,816 purchase. Equity gained on principal adds $1,864/yr, and 5% annual appreciation supports $79,795 over five years. Five-year ROI reaches 163.82% and total cumulative return in cash sums $156,845. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,827/mo property income instead of your personal income.
Single Family
Built in 2011
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13693, Three Mile Bay, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,081 (100%) |
| Owner Occupied HU | 215 (19.9%) |
| Renter Occupied HU | 15 ( 1.4%) |
| Vacant Housing Units | 851 (78.7%) |
| Median Home Value | $298,750 |
| Average Home Value | $313,942 |
Housing Distribution
Address Breakdown
Residential
381
Single Family
381
Multi-Family
0
Businesses
9
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A