89 Red Pond RoadPetersburghNY12138
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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 Petersburgh at 89 Red Pond Road, Petersburgh, NY, 12138 uses $85,859 cash to close to unlock $17,029/yr annual cash flow and $1,419/mo monthly cash flow. Total monthly income runs $3,149/mo, and a $1,268/mo payment keeps the spread at $1,419/mo. Purchase price stands at $259,000, and rental yield measures 14.59% with $3,149/mo rent. Return on cash invested shows 39.74% in year one, and 5% annual appreciation builds toward $71,557 over five years. Five-year ROI reaches 209.89% and total cumulative return in cash records $180,208. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,149/mo property income covering a $1,268/mo payment rather than investor’s personal income.
Single Family
Built in 2001
44.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12138, Petersburg, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,759 (100%) |
| Owner Occupied HU | 1,179 (67.0%) |
| Renter Occupied HU | 192 (10.9%) |
| Vacant Housing Units | 388 (22.1%) |
| Median Home Value | $276,958 |
| Average Home Value | $314,877 |
Housing Distribution
Address Breakdown
Residential
1,269
Single Family
1,269
Multi-Family
0
Businesses
26
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Listed by: Jessica Bedard • Realty One Group Key
Mls Name: Global MLS
Mls ID: #202529044