146 Hawthorne WayChittenangoNY13037
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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 Chittenango at 146 Hawthorne Way, Chittenango, NY, 13037 offers $1,698/mo rent that, after a $1,170/mo payment, leaves $102/mo cash flow. Total monthly income is $1,698/mo, and annual cash flow is $1,221/yr on $79,229 cash. Return on cash invested measures 21.45% in year one, and rental yield stands at 8.53% at a $239,000 entry. Equity gained on principal adds $1,542/yr while 5% annual appreciation compounds into $66,031 by year five. Five-year ROI records 111.75% and total cumulative return in cash reaches $88,536. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,698/mo property income versus a $1,170/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13037, Chittenango, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,875 (100%) |
| Owner Occupied HU | 2,832 (73.1%) |
| Renter Occupied HU | 824 (21.3%) |
| Vacant Housing Units | 219 ( 5.7%) |
| Median Home Value | $246,088 |
| Average Home Value | $264,097 |
Housing Distribution
Address Breakdown
Residential
3,813
Single Family
3,430
Multi-Family
383
Businesses
214
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Listed by: Janice Egan • Hunt Real Estate ERA
Mls Name: NYSAMLSs
Mls ID: #S1639845