123 Elm StIlionNY13357
Nearby investment properties with comparable rents
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 Ilion at 123 Elm St, Ilion, NY, 13357 priced at $124,900 pairs $3,138/mo rent with $2,304/mo cash flow after a $611/mo payment. Total monthly income equals $3,138/mo, and annual cash flow comes to $27,651/yr on $41,404 invested. Return on cash invested is 86.69% in year one, and rental yield stands at 30.15% on a $124,900 basis. Equity gained on principal adds $806/yr, and 5% annual appreciation accumulates to $34,508 by year five. Five-year ROI measures 461.71% and total cumulative return in cash reaches $191,170. For financing, Ziffy Mortgage’s DSCR program evaluates $3,138/mo property income against a $611/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1917
5,741 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13357, Ilion, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,805 (100%) |
| Owner Occupied HU | 2,921 (60.8%) |
| Renter Occupied HU | 1,440 (30.0%) |
| Vacant Housing Units | 444 ( 9.2%) |
| Median Home Value | $120,659 |
| Average Home Value | $156,291 |
Housing Distribution
Address Breakdown
Residential
4,465
Single Family
4,180
Multi-Family
285
Businesses
183
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Listed by: Cameron Stewart • eXp Realty
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #S1560371
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