194 Newton Town RdBainbridgeNY13733
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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 Bainbridge at 194 Newton Town Rd, Bainbridge, NY, 13733 priced at $145,000 converts $1,080/mo rent into $111/mo cash flow after a $710/mo obligation. Total monthly income equals $1,080/mo, and annual cash flow totals $1,337/yr on $48,068 invested. Return on cash invested prints 22.69% in year one, and rental yield reads 8.94% against a $145,000 entry. Equity gained on principal adds $936/yr, while 5% annual appreciation compiles into $40,061 by year five. Five-year ROI reaches 118.45% and total cumulative return in cash sums $56,936. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,080/mo property income covering a $710/mo payment, not borrower’s personal income.
Manufactured
Built in 1989
21.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13733, Bainbridge, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,586 (100%) |
| Owner Occupied HU | 1,655 (64.0%) |
| Renter Occupied HU | 441 (17.1%) |
| Vacant Housing Units | 490 (18.9%) |
| Median Home Value | $165,320 |
| Average Home Value | $188,882 |
Housing Distribution
Address Breakdown
Residential
2,273
Single Family
2,257
Multi-Family
16
Businesses
122
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Listed by: Hillary Giuda-Philpott • Coldwell Banker Timberland Properties
Mls Name: NYSAMLSs
Mls ID: #R1649250