116 Wilbur StWaverlyNY14892
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeAt $115,000, 116 Wilbur St, Waverly, NY, 14892 in Waverly generates $869/mo in rent (9.07% yield) but nets only $101/mo after debt service. The spread is thin, manageable for investors comfortable with low-margin holds who are buying into the 5% annual appreciation thesis. Ziffy Mortgage's DSCR loan (1.68) allows non-U.S. residents to acquire without personal income checks. A larger down payment reduces the monthly debt load and widens the margin. Five-year appreciation: $31,772. Total projected return: $50,351.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 6.2% |
| Monthly Cash Flow | $101 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $869 |
| Total Monthly Debt Service | $722 |
| DSCR Ratio | 1.20x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1900
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14892, Waverly, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,747 (100%) |
| Owner Occupied HU | 2,135 (57.0%) |
| Renter Occupied HU | 1,217 (32.5%) |
| Vacant Housing Units | 395 (10.5%) |
| Median Home Value | $154,688 |
| Average Home Value | $208,450 |
Housing Distribution
Address Breakdown
Residential
3,372
Single Family
3,186
Multi-Family
186
Businesses
257
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Townhouse
Built in 1900
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14892, Waverly, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,747 (100%) |
| Owner Occupied HU | 2,135 (57.0%) |
| Renter Occupied HU | 1,217 (32.5%) |
| Vacant Housing Units | 395 (10.5%) |
| Median Home Value | $154,688 |
| Average Home Value | $208,450 |
Housing Distribution
Address Breakdown
Residential
3,372
Single Family
3,186
Multi-Family
186
Businesses
257
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Thomas Mullen • UNITED COUNTRY - TOM MULLEN & ASSOCIATES
Mls Name: GBMLS
Mls Provider:
Mls ID: #328204
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.