1519 Hawleyton RdBinghamtonNY13903
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
Rental property for sale in Binghamton at 1519 Hawleyton Rd, Binghamton, NY, 13903 generates $2,443/mo in rent, after a $1,809/mo payment. Total monthly income is $2,443/mo. Return on cash invested sits at 19.66% in year one, and rental yield is 7.93% on a $369,500 entry. Equity gained on principal adds $2,384/yr, while 5% annual appreciation builds toward $102,086 over five years. Five-year ROI reaches 102.21% and total cumulative return in cash sums $125,200. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,443/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
6.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13903, Binghamton, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,954 (100%) |
| Owner Occupied HU | 5,123 (57.2%) |
| Renter Occupied HU | 2,916 (32.6%) |
| Vacant Housing Units | 915 (10.2%) |
| Median Home Value | $175,311 |
| Average Home Value | $220,383 |
Housing Distribution
Address Breakdown
Residential
7,773
Single Family
7,416
Multi-Family
357
Businesses
297
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Katherine Donlin • WARREN REAL ESTATE (Vestal)
Mls Name: GBMLS
Mls Provider:
Mls ID: #331031
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.