107 Albina TerraceWellsNY12190
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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 Wells at 107 Albina Terrace, Wells, NY, 12190 earns $2,696/mo cash flow from $4,666/mo rent with a $1,444/mo payment. Total monthly income totals $4,666/mo, and annual cash flow totals $32,351/yr on $97,793 capital. ROI tracks 52.99% on current figures, and rental yield reads 18.98% at a $295,000 purchase. Equity gained on principal adds $1,904/yr, and 5% annual appreciation supports $81,503 over five years. Five-year ROI reaches 280.86% and total cumulative return in cash sums $274,658. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,666/mo property income instead of your personal income.
Single Family
Built in 1969
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12190, Wells, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 821 (100%) |
| Owner Occupied HU | 300 (36.5%) |
| Renter Occupied HU | 34 ( 4.1%) |
| Vacant Housing Units | 487 (59.3%) |
| Median Home Value | $280,952 |
| Average Home Value | $300,408 |
Housing Distribution
Address Breakdown
Residential
21
Single Family
21
Multi-Family
0
Businesses
27
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Listed by: Lisa Swift • Howard Hanna
Mls Name: Global MLS
Mls Provider:
Mls ID: #202418533
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. Judy Moriarty, Zillow, Inc., Corp. Broker