21 Frederick StIlionNY13357
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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 Ilion at 21 Frederick St, Ilion, NY, 13357 listed at $216,000 pairs $1,898/mo rent with a $1,057/mo payment to leave $456/mo cash flow. Total monthly income runs $1,898/mo, and annual cash flow reaches $5,470/yr on $71,604 cash to close. Return on cash invested measures 27.55% in year one, and rental yield registers 10.54% at a $216,000 basis. Equity gained on principal adds $1,394/yr, and annual property appreciation at 5% supports $59,677 by year five. Five-year ROI tracks 144.43% and total cumulative return in cash totals $103,419. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,898/mo property income relative to a $1,057/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1880
5,871 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13357, Ilion, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,805 (100%) |
| Owner Occupied HU | 2,921 (60.8%) |
| Renter Occupied HU | 1,440 (30.0%) |
| Vacant Housing Units | 444 ( 9.2%) |
| Median Home Value | $120,659 |
| Average Home Value | $156,291 |
Housing Distribution
Address Breakdown
Residential
4,465
Single Family
4,180
Multi-Family
285
Businesses
183
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