2115 Friendly Shores DrTullyNY13159
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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 Tully at 2115 Friendly Shores Dr, Tully, NY, 13159 offers a 7.29% rental yield on a $299,900 purchase with $1,822/mo rent. 73% in year one. Equity gained on principal adds $1,935/yr while 5% annual appreciation supports $82,857 over five years. Portfolio math shows five-year ROI at 91.82% and total cumulative return in cash at $91,288. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,822/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
0.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13159, Tully, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,396 (100%) |
| Owner Occupied HU | 1,735 (72.4%) |
| Renter Occupied HU | 411 (17.2%) |
| Vacant Housing Units | 250 (10.4%) |
| Median Home Value | $280,474 |
| Average Home Value | $342,831 |
Housing Distribution
Address Breakdown
Residential
1,990
Single Family
1,876
Multi-Family
114
Businesses
148
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