12 Jay StBinghamtonNY13901
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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 Binghamton at 12 Jay St, Binghamton, NY, 13901 earns $458/mo cash flow from $1,360/mo rent with a $661/mo payment. Total monthly income totals $1,360/mo, and annual cash flow totals $5,499/yr on $44,753 capital. ROI tracks 32.2% on current figures, and rental yield reads 12.09% at a $135,000 purchase. Equity gained on principal adds $871/yr, and 5% annual appreciation supports $37,298 over five years. Five-year ROI reaches 169.49% and total cumulative return in cash sums $75,853. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,360/mo property income instead of your personal income.
Multi Family
Built in 1948
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13901, Binghamton, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,383 (100%) |
| Owner Occupied HU | 4,828 (46.5%) |
| Renter Occupied HU | 4,331 (41.7%) |
| Vacant Housing Units | 1,224 (11.8%) |
| Median Home Value | $174,444 |
| Average Home Value | $225,098 |
Housing Distribution
Address Breakdown
Residential
8,687
Single Family
7,511
Multi-Family
1,176
Businesses
747
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Listed by: Shannan Crescente • EXIT REALTY HOMEWARD BOUND
Mls Name: GBMLS
Mls ID: #333099