1013 Main StVestalNY13850
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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 Vestal at 1013 Main St, Vestal, NY, 13850 priced at $220,000 pairs $2,060/mo rent with $591/mo cash flow after a $1,077/mo payment. Total monthly income equals $2,060/mo, and annual cash flow comes to $7,088/yr on $72,930 invested. Return on cash invested is 29.63% in year one, and rental yield stands at 11.24% on a $220,000 basis. Equity gained on principal adds $1,420/yr, and 5% annual appreciation accumulates to $60,782 by year five. Five-year ROI measures 155.62% and total cumulative return in cash reaches $113,495. For financing, Ziffy Mortgage’s DSCR program evaluates $2,060/mo property income against a $1,077/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1955
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13850, Vestal, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,667 (100%) |
| Owner Occupied HU | 6,527 (67.5%) |
| Renter Occupied HU | 2,350 (24.3%) |
| Vacant Housing Units | 790 ( 8.2%) |
| Median Home Value | $198,051 |
| Average Home Value | $275,759 |
Housing Distribution
Address Breakdown
Residential
8,697
Single Family
7,763
Multi-Family
934
Businesses
686
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Listed by: Daniel Schmitt • CENTURY 21 NORTH EAST
Mls Name: GBMLS
Mls Provider:
Mls ID: #330974
Disclaimer: 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.