208 S Webber DrChittenangoNY13037
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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 Chittenango at 208 S Webber Dr, Chittenango, NY, 13037 priced at $119,000 converts $954/mo rent into $160/mo cash flow after a $582/mo obligation. Total monthly income equals $954/mo, and annual cash flow totals $1,917/yr on $39,449 invested. Return on cash invested prints 24.77% in year one, and rental yield reads 9.62% against a $119,000 entry. Equity gained on principal adds $768/yr, while 5% annual appreciation compiles into $32,878 by year five. Five-year ROI reaches 129.57% and total cumulative return in cash sums $51,113. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $954/mo property income covering a $582/mo payment, not borrower’s personal income.
Single Family
Built in 1954
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13037, Chittenango, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,875 (100%) |
| Owner Occupied HU | 2,832 (73.1%) |
| Renter Occupied HU | 824 (21.3%) |
| Vacant Housing Units | 219 ( 5.7%) |
| Median Home Value | $246,088 |
| Average Home Value | $264,097 |
Housing Distribution
Address Breakdown
Residential
3,813
Single Family
3,430
Multi-Family
383
Businesses
214
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Listed by: Valerie Ann Morris • Adolfi Real Estate, Inc.
Mls Name: NYSAMLSs
Mls ID: #S1643226