107 6th StWatkins GlenNY14891
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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 Watkins Glen at 107 6th St, Watkins Glen, NY, 14891 uses $81,184 cash to close to unlock $12,771/yr annual cash flow and $1,064/mo monthly cash flow. Total monthly income runs $2,700/mo, and a $1,199/mo payment keeps the spread at $1,064/mo. Purchase price stands at $244,900, and rental yield measures 13.23% with $2,700/mo rent. Return on cash invested shows 35.64% in year one, and 5% annual appreciation builds toward $67,661 over five years. Five-year ROI reaches 187.89% and total cumulative return in cash records $152,537. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,700/mo property income covering a $1,199/mo payment rather than investor’s personal income.
Multi Family
Built in N/A
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14891, Watkins Glen, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,287 (100%) |
| Owner Occupied HU | 1,275 (55.7%) |
| Renter Occupied HU | 654 (28.6%) |
| Vacant Housing Units | 358 (15.7%) |
| Median Home Value | $198,849 |
| Average Home Value | $236,996 |
Housing Distribution
Address Breakdown
Residential
2,058
Single Family
1,922
Multi-Family
136
Businesses
278
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Listed by: Jennelle McMahon • Empire Realty Group - Bath
Mls Name: ECMLS
Mls Provider:
Mls ID: #276016
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.