113 Riverside AveTheresaNY13691
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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 Theresa at 113 Riverside Ave, Theresa, NY, 13691 with 5% annual appreciation on a $150,000 basis while $1,170/mo rent supports operations. Total monthly income totals $1,170/mo and a $734/mo payment preserves $169/mo for cash returns. Annual cash flow comes to $2,022/yr on $49,725 deployed, and return on cash invested reaches 23.98% in year one. Equity gained on principal adds $968/yr, and five-year appreciation sums $41,442 alongside rental yield of 9.36%. Five-year ROI measures 125.33% and total cumulative return in cash totals $62,322.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,170/mo property income versus a $734/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1907
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13691, Theresa, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,692 (100%) |
| Owner Occupied HU | 944 (55.8%) |
| Renter Occupied HU | 251 (14.8%) |
| Vacant Housing Units | 497 (29.4%) |
| Median Home Value | $196,957 |
| Average Home Value | $227,100 |
Housing Distribution
Address Breakdown
Residential
1,195
Single Family
1,113
Multi-Family
82
Businesses
33
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