11473 Misty Meadows DrCatoNY13033
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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 Cato at 11473 Misty Meadows Dr, Cato, NY, 13033 uses $112,047 cash to close to unlock $3,003/yr annual cash flow and $250/mo monthly cash flow. Total monthly income runs $2,507/mo, and a $1,654/mo payment keeps the spread at $250/mo. Purchase price stands at $338,000, and rental yield measures 8.9% with $2,507/mo rent. Return on cash invested shows 22.59% in year one, and 5% annual appreciation builds toward $93,383 over five years. Five-year ROI reaches 117.9% and total cumulative return in cash records $132,098. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,507/mo property income covering a $1,654/mo payment rather than investor’s personal income.
Single Family
Built in 1997
3 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
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