21 Mather StBinghamtonNY13905
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Binghamton at 21 Mather St, Binghamton, NY, 13905 earns $676/mo cash flow from $3,214/mo rent with a $1,860/mo payment. Total monthly income totals $3,214/mo, and annual cash flow totals $8,116/yr on $125,970 capital. ROI tracks 26.35% on current figures, and rental yield reads 10.15% at a $380,000 purchase. Equity gained on principal adds $2,452/yr, and 5% annual appreciation supports $104,987 over five years. Five-year ROI reaches 138.04% and total cumulative return in cash sums $173,893. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,214/mo property income instead of your personal income.
Multi Family
Built in 1960
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13905, Binghamton, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,068 (100%) |
| Owner Occupied HU | 5,281 (37.5%) |
| Renter Occupied HU | 6,678 (47.5%) |
| Vacant Housing Units | 2,109 (15.0%) |
| Median Home Value | $162,713 |
| Average Home Value | $219,383 |
Housing Distribution
Address Breakdown
Residential
11,769
Single Family
10,232
Multi-Family
1,537
Businesses
625
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lori Rallo • HOWARD HANNA
Mls Name: GBMLS
Mls ID: #333019