1022 George StMumfordNY14511
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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
Investment property for sale in Mumford at 1022 George St, Mumford, NY, 14511 offers a 15.99% rental yield on a $180,200 purchase with $2,401/mo rent. Total monthly income registers $2,401/mo, and a $882/mo payment leaves $1,198/mo available for distribution. Annual cash flow reaches $14,372/yr on $59,736 to close, and return on cash invested stands at 43.97% in year one. Equity gained on principal adds $1,163/yr while 5% annual appreciation supports $49,786 over five years. Portfolio math shows five-year ROI at 232.51% and total cumulative return in cash at $138,896. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,401/mo property income against a $882/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14511, Mumford, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 191 (100%) |
| Owner Occupied HU | 144 (75.4%) |
| Renter Occupied HU | 27 (14.1%) |
| Vacant Housing Units | 20 (10.5%) |
| Median Home Value | $250,000 |
| Average Home Value | $289,653 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
26
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