172 Benson RdFreevilleNY13068
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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 Freeville at 172 Benson Rd, Freeville, NY, 13068 offers $1,447/mo rent that, after a $1,744/mo payment. Total monthly income is $1,447/mo. Return on cash invested measures 10.44% in year one, and rental yield stands at 4.87% at a $356,250 entry. Equity gained on principal adds $2,299/yr while 5% annual appreciation compounds into $98,425 by year five. Five-year ROI records 52.68% and total cumulative return in cash reaches $62,216. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,447/mo property income versus a $1,744/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1860
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13068, Freeville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,574 (100%) |
| Owner Occupied HU | 1,636 (63.6%) |
| Renter Occupied HU | 741 (28.8%) |
| Vacant Housing Units | 197 ( 7.7%) |
| Median Home Value | $270,044 |
| Average Home Value | $339,982 |
Housing Distribution
Address Breakdown
Residential
2,247
Single Family
2,173
Multi-Family
74
Businesses
68
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Listed by: Steven Saggese • Warren Real Estate of Ithaca Inc. (Downtown)
Mls Name: ITMLS
Mls Provider:
Mls ID: #R1545563
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.