231 Cemetery RdWatervilleNY13480
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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 Waterville at 231 Cemetery Rd, Waterville, NY, 13480 priced at $230,000 converts $2,107/mo rent into $571/mo cash flow after a $1,126/mo obligation. Total monthly income equals $2,107/mo, and annual cash flow totals $6,850/yr on $76,245 invested. Return on cash invested prints 28.89% in year one, and rental yield reads 10.99% against a $230,000 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation compiles into $63,545 by year five. Five-year ROI reaches 151.67% and total cumulative return in cash sums $115,639. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,107/mo property income covering a $1,126/mo payment, not borrower’s personal income.
Single Family
Built in 1900
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13480, Waterville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,551 (100%) |
| Owner Occupied HU | 1,004 (64.7%) |
| Renter Occupied HU | 402 (25.9%) |
| Vacant Housing Units | 145 ( 9.3%) |
| Median Home Value | $220,946 |
| Average Home Value | $258,708 |
Housing Distribution
Address Breakdown
Residential
1,328
Single Family
1,225
Multi-Family
103
Businesses
95
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Listed by: Ashley Caraher • Belfield Realty LLC
Mls Name: NYSAMLSs
Mls ID: #S1654207