149 Goshen RdPanamaNY14767
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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 Panama at 149 Goshen Rd, Panama, NY, 14767 priced at $144,000 pairs $1,878/mo rent with $916/mo cash flow after a $705/mo payment. Total monthly income equals $1,878/mo, and annual cash flow comes to $10,994/yr on $47,736 invested. Return on cash invested is 42.94% in year one, and rental yield stands at 15.65% on a $144,000 basis. Equity gained on principal adds $929/yr, and 5% annual appreciation accumulates to $39,785 by year five. Five-year ROI measures 227.09% and total cumulative return in cash reaches $108,402. For financing, Ziffy Mortgage’s DSCR program evaluates $1,878/mo property income against a $705/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1987
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14767, Panama, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 821 (100%) |
| Owner Occupied HU | 594 (72.4%) |
| Renter Occupied HU | 103 (12.5%) |
| Vacant Housing Units | 124 (15.1%) |
| Median Home Value | $171,269 |
| Average Home Value | $214,575 |
Housing Distribution
Address Breakdown
Residential
648
Single Family
648
Multi-Family
0
Businesses
29
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