17 Gilbert RdWhitesboroNY13492
Nearby investment properties with comparable rents
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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
Rental property for sale in Whitesboro at 17 Gilbert Rd, Whitesboro, NY, 13492 priced at $339,000 converts $2,611/mo rent into $347/mo cash flow after a $1,659/mo obligation. Total monthly income equals $2,611/mo, and annual cash flow totals $4,169/yr on $112,379 invested. Return on cash invested prints 23.62% in year one, and rental yield reads 9.24% against a $339,000 entry. Equity gained on principal adds $2,188/yr, while 5% annual appreciation compiles into $93,659 by year five. Five-year ROI reaches 123.39% and total cumulative return in cash sums $138,664. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,611/mo property income covering a $1,659/mo payment, not borrower’s personal income.
Single Family
Built in 1960
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13492, Whitesboro, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,206 (100%) |
| Owner Occupied HU | 3,737 (71.8%) |
| Renter Occupied HU | 1,177 (22.6%) |
| Vacant Housing Units | 292 ( 5.6%) |
| Median Home Value | $231,613 |
| Average Home Value | $269,076 |
Housing Distribution
Address Breakdown
Residential
5,094
Single Family
4,824
Multi-Family
270
Businesses
251
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Listed by: Jamie Sheehy • Hunt Real Estate ERA
Mls Name: NYSAMLSs
Mls ID: #S1629996