227 South RdNorwichNY13815
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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 Norwich at 227 South Rd, Norwich, NY, 13815 at $498,000 posts ROI 1% with from $724/mo rent. Total monthly income equals $724/mo. Return on cash invested measures 1% and rental yield reads 1.74% at the current $498,000. Equity gained on principal adds $3,214/yr, and 5% annual appreciation supports $137,588 by year five. Five-year ROI prints 2.09% and total cumulative return in cash totals $3,448. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $724/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1984
11.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13815, Norwich, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,669 (100%) |
| Owner Occupied HU | 3,585 (53.8%) |
| Renter Occupied HU | 2,142 (32.1%) |
| Vacant Housing Units | 942 (14.1%) |
| Median Home Value | $143,654 |
| Average Home Value | $181,555 |
Housing Distribution
Address Breakdown
Residential
5,761
Single Family
5,376
Multi-Family
385
Businesses
537
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