221 Main StTheresaNY13691
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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 Theresa at 221 Main St, Theresa, NY, 13691 at $160,000 posts ROI 32.62% with $562/mo cash flow from $1,630/mo rent. Total monthly income equals $1,630/mo, and annual cash flow records $6,740/yr on $53,040 to close. Return on cash invested measures 32.62% and rental yield reads 12.22% at the current $160,000. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,205 by year five. Five-year ROI prints 171.63% and total cumulative return in cash totals $91,034.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,630/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1880
3,267 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13691, Theresa, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,692 (100%) |
| Owner Occupied HU | 944 (55.8%) |
| Renter Occupied HU | 251 (14.8%) |
| Vacant Housing Units | 497 (29.4%) |
| Median Home Value | $196,957 |
| Average Home Value | $227,100 |
Housing Distribution
Address Breakdown
Residential
1,195
Single Family
1,113
Multi-Family
82
Businesses
33
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