8090 Shore DrAlder CreekNY13301
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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 Alder Creek at 8090 Shore Dr, Alder Creek, NY, 13301 offers a 0% rental yield on a $339,000 purchase with $0/mo rent. 26% in year one. Equity gained on principal adds $2,188/yr while 5% annual appreciation supports $93,659 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $1,659/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
2.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13301, Alder Creek, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 88 (100%) |
| Owner Occupied HU | 38 (43.2%) |
| Renter Occupied HU | 8 ( 9.1%) |
| Vacant Housing Units | 42 (47.7%) |
| Median Home Value | $275,000 |
| Average Home Value | $314,737 |
Housing Distribution
Address Breakdown
Residential
38
Single Family
38
Multi-Family
0
Businesses
10
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Listed by: Sandra M. Hoyland • Lawless Real Estate
Mls Name: NYSAMLSs
Mls ID: #S1634519