123 S Catherine StMontour FallsNY14865
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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 Montour Falls at 123 S Catherine St, Montour Falls, NY, 14865 uses $49,725 cash to close to unlock $5,190/yr annual cash flow and $433/mo monthly cash flow. Total monthly income runs $1,434/mo, and a $734/mo payment keeps the spread at $433/mo. Purchase price stands at $149,999, and rental yield measures 11.47% with $1,434/mo rent. Return on cash invested shows 30.35% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 159.51% and total cumulative return in cash records $79,314. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,434/mo property income covering a $734/mo payment rather than investor’s personal income.
Multi Family
Built in 1880
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14865, Montour Falls, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,248 (100%) |
| Owner Occupied HU | 732 (58.7%) |
| Renter Occupied HU | 366 (29.3%) |
| Vacant Housing Units | 150 (12.0%) |
| Median Home Value | $155,172 |
| Average Home Value | $199,279 |
Housing Distribution
Address Breakdown
Residential
922
Single Family
854
Multi-Family
68
Businesses
117
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Listed by: Becky James • Warren Real Estate-Corning
Mls Name: NYSAMLSs
Mls ID: #R1645593