104 High StTheresaNY13691
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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 Theresa at 104 High St, Theresa, NY, 13691 priced at $199,900 converts $1,170/mo rent into after a $978/mo obligation. Total monthly income equals $1,170/mo. Return on cash invested prints 16.93% in year one, and rental yield reads 7.02% against a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation compiles into $55,229 by year five. Five-year ROI reaches 87.54% and total cumulative return in cash sums $58,009. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,170/mo property income covering a $978/mo payment, not borrower’s personal income.
Single Family
Built in 1910
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13691, Theresa, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,692 (100%) |
| Owner Occupied HU | 944 (55.8%) |
| Renter Occupied HU | 251 (14.8%) |
| Vacant Housing Units | 497 (29.4%) |
| Median Home Value | $196,957 |
| Average Home Value | $227,100 |
Housing Distribution
Address Breakdown
Residential
1,195
Single Family
1,113
Multi-Family
82
Businesses
33
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