12 Wall StAddisonNY14801
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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 Addison at 12 Wall St, Addison, NY, 14801 offers $3,791/mo rent that, after a $1,414/mo payment, leaves $1,862/mo cash flow. Total monthly income is $3,791/mo, and annual cash flow is $22,340/yr on $95,794 cash. Return on cash invested measures 43.23% in year one, and rental yield stands at 15.74% at a $288,972 entry. Equity gained on principal adds $1,865/yr while 5% annual appreciation compounds into $79,838 by year five. Five-year ROI records 228.55% and total cumulative return in cash reaches $218,934. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,791/mo property income versus a $1,414/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14801, Addison, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,333 (100%) |
| Owner Occupied HU | 1,525 (65.4%) |
| Renter Occupied HU | 432 (18.5%) |
| Vacant Housing Units | 376 (16.1%) |
| Median Home Value | $156,389 |
| Average Home Value | $186,321 |
Housing Distribution
Address Breakdown
Residential
2,194
Single Family
2,149
Multi-Family
45
Businesses
125
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Listed by: Anne Bezio • Warren Real Estate-Corning
Mls Name: ECMLS
Mls Provider:
Mls ID: #276577
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.