955 Fire Ln #6King FerryNY13081
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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 King Ferry at 955 Fire Ln #6, King Ferry, NY, 13081 generates $0/mo in rent, after a $5,770/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -4.36% in year one, and rental yield is 0% on a $1,178,800 entry. Equity gained on principal adds $7,607/yr, while 5% annual appreciation builds toward $325,681 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 2013
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13081, King Ferry, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 651 (100%) |
| Owner Occupied HU | 363 (55.8%) |
| Renter Occupied HU | 79 (12.1%) |
| Vacant Housing Units | 209 (32.1%) |
| Median Home Value | $360,714 |
| Average Home Value | $477,975 |
Housing Distribution
Address Breakdown
Residential
451
Single Family
451
Multi-Family
0
Businesses
33
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Melissa Miller Fedrizzi • RE/MAX In Motion
Mls Name: NYSAMLSs
Mls ID: #R1603175