9413 Steamship Manhattan RdBrewertonNY13029
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
Investment property for sale in Brewerton at 9413 Steamship Manhattan Rd, Brewerton, NY, 13029 offers a 10.2% rental yield on a $635,000 purchase with $5,400/mo rent. Total monthly income registers $5,400/mo, and a $3,108/mo payment leaves $1,160/mo available for distribution. Annual cash flow reaches $13,915/yr on $208,915 to close, and return on cash invested stands at 26.72% in year one. Equity gained on principal adds $4,098/yr while 5% annual appreciation supports $175,439 over five years. Portfolio math shows five-year ROI at 139.99% and total cumulative return in cash at $292,460. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,400/mo property income against a $3,108/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13029, Brewerton, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,107 (100%) |
| Owner Occupied HU | 2,122 (68.3%) |
| Renter Occupied HU | 746 (24.0%) |
| Vacant Housing Units | 239 ( 7.7%) |
| Median Home Value | $286,074 |
| Average Home Value | $336,620 |
Housing Distribution
Address Breakdown
Residential
2,941
Single Family
2,694
Multi-Family
247
Businesses
191
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices