117 E Bacon StWatervilleNY13480
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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 Waterville at 117 E Bacon St, Waterville, NY, 13480 priced at $159,000 pairs $2,016/mo rent with $954/mo cash flow after a $778/mo payment. Total monthly income equals $2,016/mo, and annual cash flow comes to $11,453/yr on $52,709 invested. Return on cash invested is 41.64% in year one, and rental yield stands at 15.22% on a $159,000 basis. Equity gained on principal adds $1,026/yr, and 5% annual appreciation accumulates to $43,929 by year five. Five-year ROI measures 220.06% and total cumulative return in cash reaches $115,992. For financing, Ziffy Mortgage’s DSCR program evaluates $2,016/mo property income against a $778/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1850
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13480, Waterville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,551 (100%) |
| Owner Occupied HU | 1,004 (64.7%) |
| Renter Occupied HU | 402 (25.9%) |
| Vacant Housing Units | 145 ( 9.3%) |
| Median Home Value | $220,946 |
| Average Home Value | $258,708 |
Housing Distribution
Address Breakdown
Residential
1,328
Single Family
1,225
Multi-Family
103
Businesses
95
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Listed by: Ashley Caraher • Belfield Realty LLC
Mls Name: NYSAMLSs
Mls ID: #S1648576