12 Williams PlBinghamtonNY13903
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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 Williams Pl, Binghamton, NY, 13903 earns $549/mo cash flow from $1,518/mo rent with a $710/mo payment. Total monthly income totals $1,518/mo, and annual cash flow totals $6,593/yr on $48,068 capital. ROI tracks 33.63% on current figures, and rental yield reads 12.56% at a $145,000 purchase. Equity gained on principal adds $936/yr, and 5% annual appreciation supports $40,061 over five years. Five-year ROI reaches 177.09% and total cumulative return in cash sums $85,124. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,518/mo property income instead of your personal income.
Townhouse
Built in 1991
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13903, Binghamton, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,954 (100%) |
| Owner Occupied HU | 5,123 (57.2%) |
| Renter Occupied HU | 2,916 (32.6%) |
| Vacant Housing Units | 915 (10.2%) |
| Median Home Value | $175,311 |
| Average Home Value | $220,383 |
Housing Distribution
Address Breakdown
Residential
7,773
Single Family
7,416
Multi-Family
357
Businesses
297
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Listed by: Jessica L. Dillenbeck • JESSICA DILLENBECK REAL ESTATE LLC
Mls Name: GBMLS
Mls Provider:
Mls ID: #331820
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.