852 Breesport RdErinNY14838
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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 Erin at 852 Breesport Rd, Erin, NY, 14838 uses $36,432 cash to close to unlock $1,548/yr annual cash flow and $129/mo monthly cash flow. Total monthly income runs $863/mo, and a $538/mo payment keeps the spread at $129/mo. Purchase price stands at $109,900, and rental yield measures 9.42% with $863/mo rent. Return on cash invested shows 24.16% in year one, and 5% annual appreciation builds toward $30,363 over five years. Five-year ROI reaches 126.4% and total cumulative return in cash records $46,048. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $863/mo property income covering a $538/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14838, Erin, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 806 (100%) |
| Owner Occupied HU | 652 (80.9%) |
| Renter Occupied HU | 69 ( 8.6%) |
| Vacant Housing Units | 85 (10.5%) |
| Median Home Value | $167,750 |
| Average Home Value | $209,632 |
Housing Distribution
Address Breakdown
Residential
749
Single Family
749
Multi-Family
0
Businesses
11
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Listed by: Susan McDaniel • Signature Properties Corning
Mls Name: ECMLS
Mls Provider:
Mls ID: #276838
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.