1398 Parker StMarathonNY13803
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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
Rental property for sale in Marathon at 1398 Parker St, Marathon, NY, 13803 generates $1,976/mo in rent, after a $2,912/mo payment. Total monthly income is $1,976/mo. Return on cash invested sits at 7.82% in year one, and rental yield is 3.99% on a $595,000 entry. Equity gained on principal adds $3,839/yr, while 5% annual appreciation builds toward $164,388 over five years. Five-year ROI reaches 38.61% and total cumulative return in cash sums $75,590. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,976/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13803, Marathon, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,796 (100%) |
| Owner Occupied HU | 1,243 (69.2%) |
| Renter Occupied HU | 355 (19.8%) |
| Vacant Housing Units | 198 (11.0%) |
| Median Home Value | $173,733 |
| Average Home Value | $228,787 |
Housing Distribution
Address Breakdown
Residential
1,388
Single Family
1,388
Multi-Family
0
Businesses
79
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