2070 Wright RdCazenoviaNY13035
Nearby investment properties with comparable rents
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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 Cazenovia at 2070 Wright Rd, Cazenovia, NY, 13035 generates $2,791/mo in rent and, after a $1,463/mo payment, leaves $795/mo in cash flow. Total monthly income is $2,791/mo, and annual cash flow is $9,537/yr on $99,119 invested. Return on cash invested sits at 29.53% in year one, and rental yield is 11.2% on a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 155.08% and total cumulative return in cash sums $153,718. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,791/mo property income rather than buyer’s personal income.
Single Family
Built in 1966
0.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13035, Cazenovia, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,501 (100%) |
| Owner Occupied HU | 2,422 (69.2%) |
| Renter Occupied HU | 700 (20.0%) |
| Vacant Housing Units | 379 (10.8%) |
| Median Home Value | $340,599 |
| Average Home Value | $432,511 |
Housing Distribution
Address Breakdown
Residential
3,352
Single Family
3,151
Multi-Family
201
Businesses
302
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Listed by: Corinne Borio • Hunt Real Estate ERA
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #S1598248
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