8119 Bainbridge Beach RdInterlakenNY14847
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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 Interlaken at 8119 Bainbridge Beach Rd, Interlaken, NY, 14847 generates $876/mo in rent, after a $3,059/mo payment. Total monthly income is $876/mo. Return on cash invested sits at 0.82% in year one, and rental yield is 1.68% on a $625,000 entry. Equity gained on principal adds $4,033/yr, while 5% annual appreciation builds toward $172,676 over five years. Five-year ROI reaches 1.07% and total cumulative return in cash sums $2,209. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $876/mo property income rather than buyer’s personal income.
Single Family
Built in 1893
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14847, Interlaken, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,300 (100%) |
| Owner Occupied HU | 737 (56.7%) |
| Renter Occupied HU | 229 (17.6%) |
| Vacant Housing Units | 334 (25.7%) |
| Median Home Value | $238,225 |
| Average Home Value | $293,033 |
Housing Distribution
Address Breakdown
Residential
996
Single Family
968
Multi-Family
28
Businesses
47
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Listed by: Allison Hogue • Warren Real Estate of Ithaca Inc.
Mls Name: NYSAMLSs
Mls ID: #R1629336