10846 Baker RdCatoNY13033
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Cato at 10846 Baker Rd, Cato, NY, 13033 offers a 2.64% rental yield on a $598,900 purchase with $1,320/mo rent. 74% in year one. Equity gained on principal adds $3,865/yr while 5% annual appreciation supports $165,465 over five years. Portfolio math shows five-year ROI at 16.77% and total cumulative return in cash at $33,038. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,320/mo property income against a $2,931/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1850
52.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13033, Cato, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,610 (100%) |
| Owner Occupied HU | 1,250 (77.6%) |
| Renter Occupied HU | 201 (12.5%) |
| Vacant Housing Units | 159 ( 9.9%) |
| Median Home Value | $224,648 |
| Average Home Value | $263,276 |
Housing Distribution
Address Breakdown
Residential
1,348
Single Family
1,348
Multi-Family
0
Businesses
68
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices