217 Elm DrBainbridgeNY13733
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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 Bainbridge at 217 Elm Dr, Bainbridge, NY, 13733 offers $1,080/mo rent that, after a $2,247/mo payment. Total monthly income is $1,080/mo. Return on cash invested measures 4.25% in year one, and rental yield stands at 2.82% at a $459,000 entry. Equity gained on principal adds $2,962/yr while 5% annual appreciation compounds into $126,813 by year five. Five-year ROI records 19.52% and total cumulative return in cash reaches $29,699. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,080/mo property income versus a $2,247/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13733, Bainbridge, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,586 (100%) |
| Owner Occupied HU | 1,655 (64.0%) |
| Renter Occupied HU | 441 (17.1%) |
| Vacant Housing Units | 490 (18.9%) |
| Median Home Value | $165,320 |
| Average Home Value | $188,882 |
Housing Distribution
Address Breakdown
Residential
2,273
Single Family
2,257
Multi-Family
16
Businesses
122
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Listed by: Josh Buell • WHITETAIL PROPERTIES REAL ESTATE LLC (NY)
Mls Name: NY State MLS
Mls ID: #11506790