110 1/2 Providence StWaverlyNY14892
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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 Waverly at 110 1/2 Providence St, Waverly, NY, 14892 offers $1,061/mo rent that, after a $685/mo payment, leaves $127/mo cash flow. Total monthly income is $1,061/mo, and annual cash flow is $1,518/yr on $46,377 cash. Return on cash invested measures 23.18% in year one, and rental yield stands at 9.1% at a $139,900 entry. Equity gained on principal adds $903/yr while 5% annual appreciation compounds into $38,652 by year five. Five-year ROI records 121.1% and total cumulative return in cash reaches $56,163. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,061/mo property income versus a $685/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1890
5,031 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14892, Waverly, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,747 (100%) |
| Owner Occupied HU | 2,135 (57.0%) |
| Renter Occupied HU | 1,217 (32.5%) |
| Vacant Housing Units | 395 (10.5%) |
| Median Home Value | $154,688 |
| Average Home Value | $208,450 |
Housing Distribution
Address Breakdown
Residential
3,372
Single Family
3,186
Multi-Family
186
Businesses
257
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