119 Elm StFayettevilleNY13066
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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
Investment Highlights
Rental property for sale in Fayetteville at 119 Elm St, Fayetteville, NY, 13066 priced at $459,000 converts $4,590/mo rent into $1,524/mo cash flow after a $2,247/mo obligation. Total monthly income equals $4,590/mo, and annual cash flow totals $18,293/yr on $152,159 invested. Return on cash invested prints 31.93% in year one, and rental yield reads 12% against a $459,000 entry. Equity gained on principal adds $2,962/yr, while 5% annual appreciation compiles into $126,813 by year five. Five-year ROI reaches 167.97% and total cumulative return in cash sums $255,575. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,590/mo property income covering a $2,247/mo payment, not borrower’s personal income.
Single Family
Built in 1870
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13066, Fayetteville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,822 (100%) |
| Owner Occupied HU | 4,248 (73.0%) |
| Renter Occupied HU | 1,261 (21.7%) |
| Vacant Housing Units | 313 ( 5.4%) |
| Median Home Value | $313,571 |
| Average Home Value | $370,514 |
Housing Distribution
Address Breakdown
Residential
5,684
Single Family
4,974
Multi-Family
710
Businesses
482
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Listed by: Maureen Dessein • Berkshire Hathaway CNY Realty
Mls Name: NYSAMLSs
Mls ID: #S1647467