16 W Elizabeth StWaterlooNY13165
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 Waterloo at 16 W Elizabeth St, Waterloo, NY, 13165 offers $2,411/mo rent that, after a $827/mo payment, leaves $1,283/mo cash flow. Total monthly income is $2,411/mo, and annual cash flow is $15,391/yr on $56,024 cash. Return on cash invested measures 47.38% in year one, and rental yield stands at 17.12% at a $169,000 entry. Equity gained on principal adds $1,091/yr while 5% annual appreciation compounds into $46,692 by year five. Five-year ROI records 250.84% and total cumulative return in cash reaches $140,527. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,411/mo property income versus a $827/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1900
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13165, Waterloo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,911 (100%) |
| Owner Occupied HU | 3,072 (62.6%) |
| Renter Occupied HU | 1,333 (27.1%) |
| Vacant Housing Units | 506 (10.3%) |
| Median Home Value | $144,727 |
| Average Home Value | $204,023 |
Housing Distribution
Address Breakdown
Residential
4,362
Single Family
4,219
Multi-Family
143
Businesses
420
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Belinda A. Fratto • Howard Hanna
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #R1560179
Disclaimer: The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, UNYREIS and WNYREIS. Real estate listings held by firms other than Zillow, Inc. are marked with the IDX logo and include the Listing Brokers Firm Name. Listing Data last updated at 2024-09-03 12:42:14 PDT. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Zillow, Inc. shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. 2024 CNYIS, UNYREIS, WNYREIS. All rights reserved.