1633 Mills RdWaterlooNY13165
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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
Investment property for sale in Waterloo at 1633 Mills Rd, Waterloo, NY, 13165 earns $317/mo cash flow from $2,149/mo rent with a $1,343/mo payment. Total monthly income totals $2,149/mo, and annual cash flow totals $3,802/yr on $90,930 capital. ROI tracks 24.09% on current figures, and rental yield reads 9.4% at a $274,300 purchase. Equity gained on principal adds $1,770/yr, and 5% annual appreciation supports $75,784 over five years. Five-year ROI reaches 125.91% and total cumulative return in cash sums $114,487. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,149/mo property income instead of your personal income.
Single Family
Built in 1900
15.10 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
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