116 E North StIlionNY13357
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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 Ilion at 116 E North St, Ilion, NY, 13357 earns $111/mo cash flow from $842/mo rent with a $536/mo payment. Total monthly income totals $842/mo, and annual cash flow totals $1,329/yr on $36,299 capital. ROI tracks 23.57% on current figures, and rental yield reads 9.23% at a $109,500 purchase. Equity gained on principal adds $707/yr, and 5% annual appreciation supports $30,253 over five years. Five-year ROI reaches 123.14% and total cumulative return in cash sums $44,699. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $842/mo property income instead of your personal income.
Single Family
Built in 1900
8,158 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13357, Ilion, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,805 (100%) |
| Owner Occupied HU | 2,921 (60.8%) |
| Renter Occupied HU | 1,440 (30.0%) |
| Vacant Housing Units | 444 ( 9.2%) |
| Median Home Value | $120,659 |
| Average Home Value | $156,291 |
Housing Distribution
Address Breakdown
Residential
4,465
Single Family
4,180
Multi-Family
285
Businesses
183
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