1927 Bennett RdWatkins GlenNY14891
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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 Watkins Glen at 1927 Bennett Rd, Watkins Glen, NY, 14891 offers a 9.28% rental yield on a $189,500 purchase with $1,465/mo rent. Total monthly income registers $1,465/mo, and a $928/mo payment leaves $199/mo available for distribution. Annual cash flow reaches $2,389/yr on $62,819 to close, and return on cash invested stands at 23.71% in year one. Equity gained on principal adds $1,223/yr while 5% annual appreciation supports $52,355 over five years. Portfolio math shows five-year ROI at 123.94% and total cumulative return in cash at $77,855. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,465/mo property income against a $928/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
1.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14891, Watkins Glen, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,287 (100%) |
| Owner Occupied HU | 1,275 (55.7%) |
| Renter Occupied HU | 654 (28.6%) |
| Vacant Housing Units | 358 (15.7%) |
| Median Home Value | $198,849 |
| Average Home Value | $236,996 |
Housing Distribution
Address Breakdown
Residential
2,058
Single Family
1,922
Multi-Family
136
Businesses
278
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