148 Tiernan RdWaddingtonNY13694
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 148 Tiernan Rd, Waddington, NY, 13694 in Waddington hard to pass up. The 18.49% gross yield on a $111,111 purchase results in $1,712/mo in rent and $970/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (3.42). Annual cash flow of $11,645, five-year appreciation of $30,698, and $1,023/yr in equity build-up combine for a projected total cumulative return of $104,778.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 18.5% | 6.2% |
| Monthly Cash Flow | $970 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,712 |
| Total Monthly Debt Service | $698 |
| DSCR Ratio | 2.45x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1850
1.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13694, Waddington, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 807 (100%) |
| Owner Occupied HU | 499 (61.8%) |
| Renter Occupied HU | 177 (21.9%) |
| Vacant Housing Units | 131 (16.2%) |
| Median Home Value | $292,188 |
| Average Home Value | $271,037 |
Housing Distribution
Address Breakdown
Residential
424
Single Family
394
Multi-Family
30
Businesses
56
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
Single Family
Built in 1850
1.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13694, Waddington, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 807 (100%) |
| Owner Occupied HU | 499 (61.8%) |
| Renter Occupied HU | 177 (21.9%) |
| Vacant Housing Units | 131 (16.2%) |
| Median Home Value | $292,188 |
| Average Home Value | $271,037 |
Housing Distribution
Address Breakdown
Residential
424
Single Family
394
Multi-Family
30
Businesses
56
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A