737 High Point RoadBerneNY12023
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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 Berne at 737 High Point Road, Berne, NY, 12023 priced at $679,900 pairs $0/mo rent with after a $3,328/mo payment. Total monthly income equals $0/mo. Return on cash invested is -4.3% in year one, and rental yield stands at 0% on a $679,900 basis. Equity gained on principal adds $4,387/yr, and 5% annual appreciation accumulates to $187,844 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $3,328/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2004
16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12023, Berne, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 994 (100%) |
| Owner Occupied HU | 684 (68.8%) |
| Renter Occupied HU | 103 (10.4%) |
| Vacant Housing Units | 207 (20.8%) |
| Median Home Value | $285,841 |
| Average Home Value | $306,787 |
Housing Distribution
Address Breakdown
Residential
904
Single Family
904
Multi-Family
0
Businesses
30
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No similar rental properties found nearby.
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