42 Island Rd, Phoenix, NY 13135

JUST LISTED: A Once-in-a-Lifetime Investment Opportunity Near the New Micron Mega-Site! If you've been waiting for the perfect cash-flowing investment in Upstate NY... this is it. Evergreen Estates - 42 Island Rd, Phoenix, NY Price: $625,000 100% Occupied | 6 Tenant-Owned Homes | 5 Rent to own Homes | Expansion Potential to Double the Park Size 10.29% Cap Rate | $64,331 NOI | 17.21% Cash-on-Cash Return 1. Unmatched Location - Minutes from the New Micron Chip Plant This area is about to explode with jobs, development, and long-term rental demand. Evergreen Estates is positioned to ride that wave perfectly. Opportunities like this do not come around often. 2. Easy Management, Strong Tenants, Steady Cashflow All homes are tenant-owned, paying $381/month each making mortgage payments on the rent to own homes. That means minimal maintenance, minimal headaches, and very predictable income. An on-site manager already handles water testing and day-to-day oversight. 3. Massive Upside - Zoning Allows You to Expand the Park That's right - you can literally double the size of the community. More lots = more income = more equity = more long-term wealth. 4. Financials That Speak for Themselves • NOI: $64,331 • Cap Rate: 10.29% • Cash Flow: $26,890/yr after debt • Expenses only 18.7% of effective gross income • Projected cash-on-cash rises to 29.44% by Year 10 This is the kind of deal investors brag about for years. Evergreen Estates isn't just a mobile home community - it's a high-performing, low-maintenance income machine with massive future potential. If you're serious about building wealth, you need to see this property. Inquire for full financials, a tour, or to run investment numbers based on your financing. Opportunities like this don't sit on the market long.