1615 Cortland StDe RuyterNY13052
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 1615 Cortland St, De Ruyter, NY, 13052 in De Ruyter speaks for itself: 12.26% gross on a $143,000 price, generating $1,460/mo in rent and $505/mo in net income after the $643/mo debt service. DSCR 2.27, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $6,066 stacks alongside $39,508 in projected five-year appreciation and $1,317/yr in principal reduction. Projected total cumulative return: $87,025.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 12.3% | 6.2% |
| Monthly Cash Flow | $505 | $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 | $1,460 |
| Total Monthly Debt Service | $898 |
| DSCR Ratio | 1.63x |
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 1920
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13052, De Ruyter, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,047 (100%) |
| Owner Occupied HU | 540 (51.6%) |
| Renter Occupied HU | 122 (11.7%) |
| Vacant Housing Units | 385 (36.8%) |
| Median Home Value | $196,053 |
| Average Home Value | $230,657 |
Housing Distribution
Address Breakdown
Residential
609
Single Family
588
Multi-Family
21
Businesses
39
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 1920
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13052, De Ruyter, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,047 (100%) |
| Owner Occupied HU | 540 (51.6%) |
| Renter Occupied HU | 122 (11.7%) |
| Vacant Housing Units | 385 (36.8%) |
| Median Home Value | $196,053 |
| Average Home Value | $230,657 |
Housing Distribution
Address Breakdown
Residential
609
Single Family
588
Multi-Family
21
Businesses
39
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices