11407 Ferris RdCatoNY13033
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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 Cato at 11407 Ferris Rd, Cato, NY, 13033 generates $1,355/mo in rent and, after a $857/mo payment, leaves $186/mo in cash flow. Total monthly income is $1,355/mo, and annual cash flow is $2,231/yr on $58,013 invested. Return on cash invested sits at 23.75% in year one, and rental yield is 9.29% on a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 124.1% and total cumulative return in cash sums $71,995. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,355/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
9,239 sqft 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
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