202 Grayson DrNorwichNY13815
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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 Norwich at 202 Grayson Dr, Norwich, NY, 13815 priced at $339,400 pairs $724/mo rent with after a $1,661/mo payment. Total monthly income equals $724/mo. Return on cash invested is 3.46% in year one, and rental yield stands at 2.56% on a $339,400 basis. Equity gained on principal adds $2,190/yr, and 5% annual appreciation accumulates to $93,770 by year five. Five-year ROI measures 15.28% and total cumulative return in cash reaches $17,194. For financing, Ziffy Mortgage’s DSCR program evaluates $724/mo property income against a $1,661/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1987
1.22 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13815, Norwich, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,669 (100%) |
| Owner Occupied HU | 3,585 (53.8%) |
| Renter Occupied HU | 2,142 (32.1%) |
| Vacant Housing Units | 942 (14.1%) |
| Median Home Value | $143,654 |
| Average Home Value | $181,555 |
Housing Distribution
Address Breakdown
Residential
5,761
Single Family
5,376
Multi-Family
385
Businesses
537
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Listed by: Ty Fish • HOWARD HANNA
Mls Name: GBMLS
Mls Provider:
Mls ID: #325603
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.