232 N Main StMoraviaNY13118
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Nearby investment properties with comparable prices
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 Moravia at 232 N Main St, Moravia, NY, 13118 priced at $179,900 pairs $1,397/mo rent with $195/mo cash flow after a $881/mo payment. Total monthly income equals $1,397/mo, and annual cash flow comes to $2,342/yr on $59,637 invested. Return on cash invested is 23.84% in year one, and rental yield stands at 9.32% on a $179,900 basis. Equity gained on principal adds $1,161/yr, and 5% annual appreciation accumulates to $49,703 by year five. Five-year ROI measures 124.63% and total cumulative return in cash reaches $74,325. For financing, Ziffy Mortgage’s DSCR program evaluates $1,397/mo property income against a $881/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1917
0.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13118, Moravia, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,793 (100%) |
| Owner Occupied HU | 1,729 (61.9%) |
| Renter Occupied HU | 417 (14.9%) |
| Vacant Housing Units | 647 (23.2%) |
| Median Home Value | $261,607 |
| Average Home Value | $329,974 |
Housing Distribution
Address Breakdown
Residential
2,025
Single Family
1,980
Multi-Family
45
Businesses
118
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