1047 Wall StIlionNY13357
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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 Ilion at 1047 Wall St, Ilion, NY, 13357 offers a 9.56% rental yield on a $119,900 purchase with $955/mo rent. Total monthly income registers $955/mo, and a $587/mo payment leaves $154/mo available for distribution. Annual cash flow reaches $1,850/yr on $39,747 to close, and return on cash invested stands at 24.56% in year one. Equity gained on principal adds $774/yr while 5% annual appreciation supports $33,126 over five years. Portfolio math shows five-year ROI at 128.55% and total cumulative return in cash at $51,096. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $955/mo property income against a $587/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1830
2.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13357, Ilion, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,805 (100%) |
| Owner Occupied HU | 2,921 (60.8%) |
| Renter Occupied HU | 1,440 (30.0%) |
| Vacant Housing Units | 444 ( 9.2%) |
| Median Home Value | $120,659 |
| Average Home Value | $156,291 |
Housing Distribution
Address Breakdown
Residential
4,465
Single Family
4,180
Multi-Family
285
Businesses
183
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