2390 Peck 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 2390 Peck Rd, Waterville, NY, 13480 generates $1,816/mo in rent and, after a $957/mo payment, leaves $510/mo in cash flow. Total monthly income is $1,816/mo, and annual cash flow is $6,124/yr on $64,808 invested. Return on cash invested sits at 29.36% in year one, and rental yield is 11.15% on a $195,500 entry. Equity gained on principal adds $1,262/yr, while 5% annual appreciation builds toward $54,013 over five years. Five-year ROI reaches 154.2% and total cumulative return in cash sums $99,935. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,816/mo property income rather than buyer’s personal income.
Manufactured
Built in 1990
2 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: #S1631978