2111 State Route 414Watkins 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 2111 State Route 414, Watkins Glen, NY, 14891 uses $81,317 cash to close to unlock $5,767/yr annual cash flow and $481/mo monthly cash flow. Total monthly income runs $2,119/mo, and a $1,201/mo payment keeps the spread at $481/mo. Purchase price stands at $245,300, and rental yield measures 10.37% with $2,119/mo rent. Return on cash invested shows 27% in year one, and 5% annual appreciation builds toward $67,772 over five years. Five-year ROI reaches 141.53% and total cumulative return in cash records $115,090. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,119/mo property income covering a $1,201/mo payment rather than investor’s personal income.
Single Family
Built in 1900
5.23 Acres 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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