8883 Us Route 11AdamsNY13605
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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 Adams at 8883 Us Route 11, Adams, NY, 13605 generates $900/mo in rent, after a $1,801/mo payment. Total monthly income is $900/mo. Return on cash invested sits at 4.59% in year one, and rental yield is 2.93% on a $368,000 entry. Equity gained on principal adds $2,375/yr, while 5% annual appreciation builds toward $101,672 over five years. Five-year ROI reaches 21.34% and total cumulative return in cash sums $26,029. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $900/mo property income rather than buyer’s personal income.
Single Family
Built in 1989
14.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13605, Adams, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,436 (100%) |
| Owner Occupied HU | 1,407 (57.8%) |
| Renter Occupied HU | 438 (18.0%) |
| Vacant Housing Units | 591 (24.3%) |
| Median Home Value | $215,392 |
| Average Home Value | $258,431 |
Housing Distribution
Address Breakdown
Residential
1,724
Single Family
1,616
Multi-Family
108
Businesses
92
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