13 Stevenson StSeneca FallsNY13148
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 Seneca Falls at 13 Stevenson St, Seneca Falls, NY, 13148 priced at $239,888 converts $1,676/mo rent into $74/mo cash flow after a $1,174/mo obligation. Total monthly income equals $1,676/mo, and annual cash flow totals $890/yr on $79,523 invested. Return on cash invested prints 21.03% in year one, and rental yield reads 8.38% against a $239,888 entry. Equity gained on principal adds $1,548/yr, while 5% annual appreciation compiles into $66,277 by year five. Five-year ROI reaches 109.53% and total cumulative return in cash sums $87,099. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,676/mo property income covering a $1,174/mo payment, not borrower’s personal income.
Single Family
Built in 1956
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13148, Seneca Falls, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,317 (100%) |
| Owner Occupied HU | 2,906 (54.7%) |
| Renter Occupied HU | 1,663 (31.3%) |
| Vacant Housing Units | 748 (14.1%) |
| Median Home Value | $160,094 |
| Average Home Value | $208,365 |
Housing Distribution
Address Breakdown
Residential
4,668
Single Family
4,215
Multi-Family
453
Businesses
313
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Listed by: Joseph V. Lombardo • Lombardo Homes & Estates
Mls Name: NYSAMLSs
Mls ID: #R1657155