116 Lagrange StVestalNY13850
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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 Vestal at 116 Lagrange St, Vestal, NY, 13850 offers $2,400/mo rent that, after a $954/mo payment, leaves $1,098/mo cash flow. Total monthly income is $2,400/mo, and annual cash flow is $13,181/yr on $64,609 cash. Return on cash invested measures 40.31% in year one, and rental yield stands at 14.78% at a $194,900 entry. Equity gained on principal adds $1,258/yr while 5% annual appreciation compounds into $53,847 by year five. Five-year ROI records 212.93% and total cumulative return in cash reaches $137,571. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,400/mo property income versus a $954/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13850, Vestal, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,667 (100%) |
| Owner Occupied HU | 6,527 (67.5%) |
| Renter Occupied HU | 2,350 (24.3%) |
| Vacant Housing Units | 790 ( 8.2%) |
| Median Home Value | $198,051 |
| Average Home Value | $275,759 |
Housing Distribution
Address Breakdown
Residential
8,697
Single Family
7,763
Multi-Family
934
Businesses
686
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