15 Guernsey StNorwichNY13815
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
Investment property for sale in Norwich at 15 Guernsey St, Norwich, NY, 13815 uses $82,842 cash to close to unlock $448/yr annual cash flow and $37/mo monthly cash flow. Total monthly income runs $1,706/mo, and a $1,223/mo payment keeps the spread at $37/mo. Purchase price stands at $249,900, and rental yield measures 8.19% with $1,706/mo rent. Return on cash invested shows 20.45% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 106.43% and total cumulative return in cash records $88,166. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,706/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Single Family
Built in 1900
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13815, Norwich, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,669 (100%) |
| Owner Occupied HU | 3,585 (53.8%) |
| Renter Occupied HU | 2,142 (32.1%) |
| Vacant Housing Units | 942 (14.1%) |
| Median Home Value | $143,654 |
| Average Home Value | $181,555 |
Housing Distribution
Address Breakdown
Residential
5,761
Single Family
5,376
Multi-Family
385
Businesses
537
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices