18 Water StPerryNY14530
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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 Perry at 18 Water St, Perry, NY, 14530 uses $47,985 cash to close to unlock $16,858/yr annual cash flow and $1,405/mo monthly cash flow. Total monthly income runs $2,371/mo, and a $708/mo payment keeps the spread at $1,405/mo. Purchase price stands at $144,750, and rental yield measures 19.66% with $2,371/mo rent. Return on cash invested shows 55.04% in year one, and 5% annual appreciation builds toward $39,992 over five years. Five-year ROI reaches 291.9% and total cumulative return in cash records $140,066. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,371/mo property income covering a $708/mo payment rather than investor’s personal income.
Single Family
Built in 1890
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14530, Perry, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,650 (100%) |
| Owner Occupied HU | 1,466 (55.3%) |
| Renter Occupied HU | 800 (30.2%) |
| Vacant Housing Units | 384 (14.5%) |
| Median Home Value | $153,734 |
| Average Home Value | $175,113 |
Housing Distribution
Address Breakdown
Residential
2,279
Single Family
2,118
Multi-Family
161
Businesses
191
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Listed by: Tiffney Malloy • NextHome Brixwood
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #B1611058
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