105 S Parkway StGrotonNY13073
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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 Groton at 105 S Parkway St, Groton, NY, 13073 generates $1,933/mo in rent and, after a $905/mo payment, leaves $698/mo in cash flow. Total monthly income is $1,933/mo, and annual cash flow is $8,379/yr on $61,294 invested. Return on cash invested sits at 33.58% in year one, and rental yield is 12.55% on a $184,900 entry. Equity gained on principal adds $1,193/yr, while 5% annual appreciation builds toward $51,084 over five years. Five-year ROI reaches 176.86% and total cumulative return in cash sums $108,403. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,933/mo property income rather than buyer’s personal income.
Single Family
Built in 1917
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13073, Groton, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,689 (100%) |
| Owner Occupied HU | 1,877 (69.8%) |
| Renter Occupied HU | 640 (23.8%) |
| Vacant Housing Units | 172 ( 6.4%) |
| Median Home Value | $173,950 |
| Average Home Value | $241,618 |
Housing Distribution
Address Breakdown
Residential
2,614
Single Family
2,526
Multi-Family
88
Businesses
102
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