87 N Greenfield RoadPorter CornersNY12859
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Nearby investment properties with comparable prices
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 Porter Corners at 87 N Greenfield Road, Porter Corners, NY, 12859 priced at $247,500 pairs $2,212/mo rent with $560/mo cash flow after a $1,211/mo payment. Total monthly income equals $2,212/mo, and annual cash flow comes to $6,716/yr on $82,046 invested. Return on cash invested is 28.09% in year one, and rental yield stands at 10.72% on a $247,500 basis. Equity gained on principal adds $1,597/yr, and 5% annual appreciation accumulates to $68,380 by year five. Five-year ROI measures 147.38% and total cumulative return in cash reaches $120,917. For financing, Ziffy Mortgage’s DSCR program evaluates $2,212/mo property income against a $1,211/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1980
1.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12859, Porter Corners, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 823 (100%) |
| Owner Occupied HU | 625 (75.9%) |
| Renter Occupied HU | 108 (13.1%) |
| Vacant Housing Units | 90 (10.9%) |
| Median Home Value | $356,651 |
| Average Home Value | $424,184 |
Housing Distribution
Address Breakdown
Residential
938
Single Family
938
Multi-Family
0
Businesses
9
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Listed by: Daniel Card • A 1 R E O Services LLC
Mls Name: Global MLS
Mls ID: #202521710