115 W Main StSidneyNY13838
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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 Sidney at 115 W Main St, Sidney, NY, 13838 generates $2,431/mo in rent and, after a $549/mo payment, leaves $1,682/mo in cash flow. Total monthly income is $2,431/mo, and annual cash flow is $20,185/yr on $37,161 invested. Return on cash invested sits at 74.23% in year one, and rental yield is 26.02% on a $112,100 entry. Equity gained on principal adds $723/yr, while 5% annual appreciation builds toward $30,971 over five years. Five-year ROI reaches 394.89% and total cumulative return in cash sums $146,747. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,431/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13838, Sidney, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,294 (100%) |
| Owner Occupied HU | 1,003 (43.7%) |
| Renter Occupied HU | 869 (37.9%) |
| Vacant Housing Units | 422 (18.4%) |
| Median Home Value | $133,388 |
| Average Home Value | $162,565 |
Housing Distribution
Address Breakdown
Residential
1,932
Single Family
1,815
Multi-Family
117
Businesses
216
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