129 N Sunset DrIthacaNY14850
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
Investment property for sale in Ithaca at 129 N Sunset Dr, Ithaca, NY, 14850 with 5% annual appreciation on a $394,800 basis while $2,820/mo rent supports operations. Total monthly income totals $2,820/mo and a $1,932/mo payment preserves $184/mo for cash returns. Annual cash flow comes to $2,207/yr on $130,876 deployed, and return on cash invested reaches 21.6% in year one. Equity gained on principal adds $2,548/yr, and five-year appreciation sums $109,076 alongside rental yield of 8.57%. Five-year ROI measures 112.52% and total cumulative return in cash totals $147,267.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,820/mo property income versus a $1,932/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1966
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14850, Ithaca, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,729 (100%) |
| Owner Occupied HU | 11,235 (34.3%) |
| Renter Occupied HU | 17,703 (54.1%) |
| Vacant Housing Units | 3,791 (11.6%) |
| Median Home Value | $378,270 |
| Average Home Value | $423,650 |
Housing Distribution
Address Breakdown
Residential
28,013
Single Family
20,515
Multi-Family
7,498
Businesses
1,944
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices