206 N Madison AveWatkins 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 206 N Madison Ave, Watkins Glen, NY, 14891 with 5% annual appreciation on a $249,900 basis while $2,700/mo rent supports operations. Total monthly income totals $2,700/mo and a $1,223/mo payment preserves $1,031/mo for cash returns. Annual cash flow comes to $12,376/yr on $82,842 deployed, and return on cash invested reaches 34.85% in year one. Equity gained on principal adds $1,613/yr, and five-year appreciation sums $69,043 alongside rental yield of 12.97%. Five-year ROI measures 183.63% and total cumulative return in cash totals $152,126.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,700/mo property income versus a $1,223/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in N/A
7,405 sqft 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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Listed by: Lori L. Bernagozzi • Cabins to Castles
Mls Name: ECMLS
Mls Provider:
Mls ID: #276021
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.