237 Erie StWaverlyNY14892
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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 Waverly at 237 Erie St, Waverly, NY, 14892 offers a 18.91% rental yield on a $110,000 purchase with $1,733/mo rent. Total monthly income registers $1,733/mo, and a $538/mo payment leaves $999/mo available for distribution. Annual cash flow reaches $11,986/yr on $36,465 to close, and return on cash invested stands at 52.78% in year one. Equity gained on principal adds $710/yr while 5% annual appreciation supports $30,391 over five years. Portfolio math shows five-year ROI at 279.75% and total cumulative return in cash at $102,012. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,733/mo property income against a $538/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
5,520 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14892, Waverly, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,747 (100%) |
| Owner Occupied HU | 2,135 (57.0%) |
| Renter Occupied HU | 1,217 (32.5%) |
| Vacant Housing Units | 395 (10.5%) |
| Median Home Value | $154,688 |
| Average Home Value | $208,450 |
Housing Distribution
Address Breakdown
Residential
3,372
Single Family
3,186
Multi-Family
186
Businesses
257
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