9 W Mitchell StreetWhite LakeNY12786
Nearby investment properties with comparable rents
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 White Lake at 9 W Mitchell Street, White Lake, NY, 12786 offers $1,535/mo rent that, after a $979/mo payment, leaves $199/mo cash flow. Total monthly income is $1,535/mo, and annual cash flow is $2,392/yr on $66,300 cash. Return on cash invested measures 23.52% in year one, and rental yield stands at 9.21% at a $199,999 entry. Equity gained on principal adds $1,291/yr while 5% annual appreciation compounds into $55,256 by year five. Five-year ROI records 122.87% and total cumulative return in cash reaches $81,464. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,535/mo property income versus a $979/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12786, White Lake, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,122 (100%) |
| Owner Occupied HU | 340 (30.3%) |
| Renter Occupied HU | 78 ( 7.0%) |
| Vacant Housing Units | 704 (62.7%) |
| Median Home Value | $369,863 |
| Average Home Value | $410,257 |
Housing Distribution
Address Breakdown
Residential
138
Single Family
138
Multi-Family
0
Businesses
52
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Nearby investment properties with comparable prices
Listed by: Joseph Lukic • Compass Greater NY, LLC
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #850176
Disclaimer: The data relating to real estate for sale or lease on this web site comes in part from OneKey MLS. Real estate listings held by brokerage firms other than Zillow, Inc are marked with the OneKey MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. 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. Copyright 2025 OneKey MLS. All rights reserved.